Misappropriation of Assets

Posted on Wednesday, April 19, 2017

Internal fraud can be divided into two separate categories – fraudulent financial reporting and asset misappropriation. 

Misappropriation of assets involves the actual theft of an entity’s assets.  This can be accomplished by common theft or the following.

There are several different types of misappropriation of asset frauds.  Some of the more common ones are as follows.

Circumstances that may indicate misappropriation of assets is occurring include the following.

See our previous blogs for information on fraudulent financial reporting and more information on preventing and detecting fraud within your organization.

Posted by: Carrie Minnich, CPA

Posted in Mission Minded Nonprofits

Disclaimer: The information contained in Dulin, Ward & DeWald’s blog is provided for general educational purposes only and should not be construed as financial or legal advice on any subject matter. Before taking any action based on this information, we strongly encourage you to consult competent legal, accounting or other professional advice about your specific situation. Questions on blog posts may be submitted to your DWD representative.

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