Accountants don't currently learn what motivates fraudulent conduct, how to spot the signals, how to prevent fraud from occurring and much more. As it stands now, auditors are fighting a war without being taught how to recognize the enemy. Until that changes, expect more heavy casualties.
More Quotes from Joseph Wells:
Just ask the people holding accounting degrees. 'How much did you learn about fraud in college' The shocking answer little or nothing.Joseph Wells
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