Explore BrainMass
Share

fictitious revenue

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

How can fictitious revenue be created through the use of false sales to shell companies? Discuss the method and result of committing this fraud.

© BrainMass Inc. brainmass.com October 25, 2018, 3:52 am ad1c9bdddf
https://brainmass.com/business/auditing/fictitious-revenue-357752

Solution Preview

How can fictitious revenue be created through the use of false sales to shell companies? Discuss the method and result of committing this fraud.

Fictitious revenue can be created through the use of false sales to shell companies. The method of committing this fraud is that a shell company is created. These are special purpose entities that are created ...

Solution Summary

This posting gives you an in-depth insight into fictitious revenue

$2.19
See Also This Related BrainMass Solution

How to prevent reports of ficitious revenue

What is the most effective way to prevent fictitious revenue from being fraudulently reported in the financial statements?

View Full Posting Details