© D.L. Crumbley
COSO’s Most Common Fraud Methods
Overstatement of earnings.
Understatement of expenses.
Overstatement of assets.
Understatement of allowances for accounts receivables.
Overstatements of the value of inventories by not writing down the value of obsolete goods.
Overstatement of property values and creation of fictitious assets.
Committee on Sponsoring Organizations.