How many accounts are affected in fraudulent accounting entries and therefore same number of categories on the financial statement?
How many accounts are affected in fraudulent accounting entries and therefore same number of categories on the financial statement?
It should be atleast two
Agreed with you Nishant
Also agree with you Nishant. Quoting International Fraud Examiners Manual "fraudulent accounting entries always affect at least two accounts and, therefore, at least two categories on the financial statements."