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Belding party store lottery fraud: Detecting lottery fraud

Author

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  • Reinstein, Alan
  • Rosenthal, Leigh
  • Trompeter, Greg

Abstract

Based on an actual fraud consulting engagement, this case study begins when the owner of the Belding Party Store noticed that lottery ticket sales were increasing but lottery cash flows were decreasing. We present our findings from piloting the case with graduate and undergraduate students from 2021 through 2023. The case requires students to apply forensic accounting and auditing techniques to ascertain: (1) whether some of the store employees defrauded its owner of lottery ticket revenues; (2) which internal control weaknesses should have alerted the owner of this potential fraud; (3) how to improve internal controls to minimize future fraud; and (4) how to measure the extent of the fraud. Students received three documents: (1) the case; (2) flowcharts of Belding’s internal processes; and (3) an Excel workbook containing the source documents necessary to determine the nature of the fraud and calculate the damages. They also completed pre- and post-surveys to measure how much they learned from solving the case.

Suggested Citation

  • Reinstein, Alan & Rosenthal, Leigh & Trompeter, Greg, 2025. "Belding party store lottery fraud: Detecting lottery fraud," Journal of Accounting Education, Elsevier, vol. 70(C).
    • Handle: RePEc:eee:joaced:v:70:y:2025:i:c:s074857512500003x
    DOI: 10.1016/j.jaccedu.2025.100952
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    References listed on IDEAS

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    1. Delaney, John & Coe, Martin & Coussens, Jeffrey & Reddington, Michael, 2015. "The case of the frequent flyer fraudster," Journal of Accounting Education, Elsevier, vol. 33(3), pages 219-227.
    2. Fordham, David R., 2012. "Applying a real-world fraud to multiple learning objectives: Considerations and an example from the systems course," Journal of Accounting Education, Elsevier, vol. 30(3), pages 325-354.
    3. Pincus, Karen V. & Stout, David E. & Sorensen, James E. & Stocks, Kevin D. & Lawson, Raef A., 2017. "Forces for change in higher education and implications for the accounting academy," Journal of Accounting Education, Elsevier, vol. 40(C), pages 1-18.
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