There are two common causes of business and accounting fraud:• A failure of individual character• A culture of greed or ethical indifference within an organizationWrite a brief memo describing how these two factors could lead to accountingfraud.

Auditing: A Risk Based-Approach (MindTap Course List)
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Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
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Chapter2: The Auditor’s Responsibilities Regarding Fraud And Mechanisms To Address Fraud: Regulation And Corporate Governance
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There are two common causes of business and accounting fraud:
• A failure of individual character
• A culture of greed or ethical indifference within an organization
Write a brief memo describing how these two factors could lead to accounting
fraud.

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