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Dr. Phil and Montel help AIS students “Get Real” with the fraud triangle

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  • Daigle, Ronald J.
  • Hayes, David C.
  • Morris, Philip W.

Abstract

This case helps AIS students better understand the usefulness of the fraud triangle for identifying signs or “red flags” of potential misappropriation of assets. Students watch two video clips and read related transcript excerpts about two individuals who misappropriated assets at their respective places of employment. One clip is from an episode of The Dr. Phil Show, while the other is from an episode of The Montel Williams Show. Students are required to identify red flags that are present in each respective interview and that indicate pressures, opportunities, and rationalizations (the three sides of the fraud triangle) for committing misappropriation of assets.

Suggested Citation

  • Daigle, Ronald J. & Hayes, David C. & Morris, Philip W., 2014. "Dr. Phil and Montel help AIS students “Get Real” with the fraud triangle," Journal of Accounting Education, Elsevier, vol. 32(2), pages 146-159.
    • Handle: RePEc:eee:joaced:v:32:y:2014:i:2:p:146-159
    DOI: 10.1016/j.jaccedu.2014.03.004
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    References listed on IDEAS

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    1. Stephen K. Asare & Arnold M. Wright, 2004. "The Effectiveness of Alternative Risk Assessment and Program Planning Tools in a Fraud Setting," Contemporary Accounting Research, John Wiley & Sons, vol. 21(2), pages 325-352, June.
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