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What is the difference between fraud and error?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 asked

What is the difference between fraud and error?

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44 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Errors: An error is an unintentional misstatement of the financial statements. Example: a mistake in extending price times quantity on a sales invoice.
Fraud: Fraud is an intentional misstatement of the financial statements. Fraud can happen as misappropriation of assets, often called defalcation or employee and fraudulent financial reporting, often called management fraud. Learnerswing

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๋ฉ”์ด์ €๊ธ‰ ์‚ฌ์„ค ํ† ํ† ์‚ฌ์ดํŠธ ์Šคํฌ์ธ ํ† ํ† ์‚ฌ์ดํŠธ ์ถ”์ฒœ์—…์ฒด ๋„๋ฉ”์ธ ๋ฉ”์ด์ € ํ† ํ† ์‚ฌ์ดํŠธ ํ† ํ† ์‚ฌ์ดํŠธ ์ฃผ์†Œ ๋ฆฌ์ŠคํŠธ ๋ฑƒ์‚ฌ๊ณต์˜ ์•ˆ๋‚ด์„œ ์ด‰๋‚˜๋ผ ํ† ํ† ์‚ฌ์ดํŠธ ์ „๋ฌธ ๋ธŒ๋žœ๋“œ ํ† ํ† ์‚ฌ์ดํŠธ ๋ฉ”์ด์ € ์‚ฌ์„ค ํ† ํ† ์‚ฌ์ดํŠธ ์˜ค๋ž˜๋œ ํ† ํ† ์‚ฌ์ดํŠธ ์ถ”์ฒœ๋ชฉ๋ก ํ† ํ† ์‚ฌ์ดํŠธ ์ถ”์ฒœ๋ชฉ๋ก ์ฐธ๊ณ ์‚ฌํ•ญ ์ •๋ฆฌ ์•ˆ์ „ํ•œ ์•ˆ์ „๊ณต์› ์•ˆ์ „๊ณต์› ์Šคํฌ์ธ ๋ถ„์„ ์ „๋ฌธ ๋จนํŠ€์—†๋Š” ํ•ด์™ธ ํ† ํ† ์‚ฌ์ดํŠธ ํ•ด์™ธ ํ† ํ† ์‚ฌ์ดํŠธ ์™€ ํ† ํ† ๋†€์ดํ„ฐ ์Šคํฌ์ธ ์ „๋ฌธ๊ฐ€์˜ ๋ฉ”์ด์ € ์•ˆ์ „๋†€์ดํ„ฐ ๋ฉ”์ด์ € ์•ˆ์ „๋†€์ดํ„ฐ ์Šคํฌ์ธ ํ† ํ†  ์ถ”์ฒœ ํ•ด์™ธ์ถ•๊ตฌ ์Šคํฌ์ธ  ํ† ํ† ์‚ฌ์ดํŠธ ์Šคํฌ์ธ  ํ† ํ† ์‚ฌ์ดํŠธ ๋ฑƒ365 ๋ฐฐ๋‹น ์Šคํฌ์ธ ํ† ํ†  ํ† ํ† ์‚ฌ์ดํŠธ ์•ˆ์ „๋†€์ดํ„ฐ ์Šฌ๋กฏ์‚ฌ์ดํŠธ ์ฃผ์†Œ ํ† ํ†  ๋ฑƒ์‚ฌ๊ณต bebe40.com ์Šคํฌ์ธ ์ค‘๊ณ„ ๋กค์ฑ”์Šค ์ถ•๊ตฌ๋ถ„์„ ๋ฆฌํ”Œ ๊ฐ€๊ฒฉ SRT์˜ˆ๋งค ์ง€๋ฏผ์ˆ™์†Œ ์„น์Šค ๊ฝƒ๊ณ„์—ด ๋ฑƒ์‚ฌ๊ณต ์‹ ์ฒœ์ง€๊ฒŒ์ž„ ์˜จ์นด ํ† ํ† ๋†€์ดํ„ฐ์ถ”์ฒœ ์ข‹์€ ์•ˆ์ „ ์‚ฌ์„คํ† ํ†  ์•ˆ์ „ ์‚ฌ์„คํ† ํ†  ํ•˜๋Š” ๊ณณ ์ข‹์€ ์‚ฌ์„ค ์•ˆ์ „๋†€์ดํ„ฐ ์‚ฌ์„ค ์•ˆ์ „๋†€์ดํ„ฐ ๋„๋ฉ”์ธ ๋ฏฟ์„ ์ˆ˜ ์žˆ๋Š” ์•ˆ์ „ํ† ํ† ์‚ฌ์ดํŠธ ์•ˆ์ „ํ† ํ† ์‚ฌ์ดํŠธ ๋ฆฌ์ŠคํŠธ ์ฐ ํ† ํ† ์‚ฌ์ดํŠธ์ถ”์ฒœ ํ† ํ† ์‚ฌ์ดํŠธ์ถ”์ฒœ ํ™๋ณด์‚ฌ์ดํŠธ ์Šคํฌ์ธ ํ† ํ†  ์ตœ๊ณ ์˜ ์•ˆ์ „๋ฉ”์ด์ €๋†€์ดํ„ฐ ์•ˆ์ „๋ฉ”์ด์ €๋†€์ดํ„ฐ ๋ฆฌ์ŠคํŠธ ์ถ”์ฒœ ๋ฌด์ œ์žฌ ํ† ํ† ์‚ฌ์ดํŠธ ๋ชฉ๋ก ํ† ํ† ์‚ฌ์ดํŠธ ๋ชฉ๋ก ๋†€์ดํ„ฐ์ถ”์ฒœ ์‚ฌ์ดํŠธ ๋ฌด์‚ฌ๊ณ  ์•ˆ์ „๊ณต์› ์ฃผ์†Œ ์•ˆ์ „๊ณต์› ์ฃผ์†Œ ์Šคํฌ์ธ  ์ „๋ฌธ ํ† ํ†  ํ•ด์™ธ์•ˆ์ „๋†€์ดํ„ฐ ํ•ด์™ธ์•ˆ์ „๋†€์ดํ„ฐ ๋ฑƒ์‚ฌ๊ณต๋ฆฌ์ŠคํŠธ ์‚ฌ์„ค ์Šคํฌ์ธ ์‚ฌ์ดํŠธ ํ”„๋กœํ† ์Šน๋ถ€์‹ ํ”„๋กœํ† ์Šน๋ถ€์‹ ๋ฐฉ๋ฒ• ํ† ํ† ์—…์ฒด ํ† ํ† ์‚ฌ์ดํŠธ ๋„๋ฉ”์ธ ํ† ํ† ์‚ฌ์ดํŠธ ๋„๋ฉ”์ธ ์ฐพ๊ธฐ ๋จนํŠ€์—†๋Š” ํƒ‘๊ธ‰ ๋ฉ”์ด์ €์‚ฌ์ดํŠธ ํƒ‘๊ธ‰ ๋ฉ”์ด์ €์‚ฌ์ดํŠธ ์–ธ์˜ต ์•ผ๊ตฌ๋ฐฐํŒ… ํ† ํ† ์‚ฌ์ดํŠธ ํ™๋ณด ํ† ํ† ์‚ฌ์ดํŠธ ํ™๋ณด ์ •์‚ฌ์ดํŠธ ํฌ๋กœ์Šค ์•ˆ์ „๋ฉ”์ด์ €๋†€์ดํ„ฐ ์•ˆ์ „๋ฉ”์ด์ €๋†€์ดํ„ฐ ํ† ํ†  ๋ผ์ด๋ธŒ์Šคํฌ์ธ  ์‚ฌ์„คํ† ํ†  ์ถ”์ฒœ ์‚ฌ์„คํ† ํ†  ์ถ”์ฒœ ์—…์ฒด ํƒ‘3 ํ•ด์™ธ ์•ˆ์ „๋†€์ดํ„ฐ ํ•ด์™ธ ์•ˆ์ „๋†€์ดํ„ฐ ์—…์ฒด ๋ฆฌ์ŠคํŠธ ์ถ”์ฒœํ•˜๋Š” ๊ณต์‹ ํ† ํ† ์‚ฌ์ดํŠธ ์ฃผ์†Œ ๊ณต์‹ ํ† ํ† ์‚ฌ์ดํŠธ ์ฃผ์†Œ ๋œป ๊ฒ€์ฆ ์™„๋ฃŒ๋œ ํ•ด์™ธ์˜ ํ† ํ† ์‚ฌ์ดํŠธ ํ•ด์™ธ์˜ ํ† ํ† ์‚ฌ์ดํŠธ ์ฃผ์†Œ ๋ฌด๋ฃŒ ์Šคํฌ์ธ ์ค‘๊ณ„ ํ•ด์™ธ ์ถ•๊ตฌ ์Šคํฌ์ธ ์ค‘๊ณ„ ์‚ฌ์ดํŠธ ์•ˆ์ „ ํ† ํ†  ํ† ํ† ์‚ฌ์ดํŠธ ์ถ”์ฒœ ํ† ํ† ์‚ฌ์ดํŠธ ์ถ”์ฒœ ์ฝ”๋“œ ์–ป๋Š” ๋ฒ• ๋ฉ”์ด์ €์‚ฌ์ดํŠธ ์—…์ฒด ์•ˆ์ „๋†€์ดํ„ฐ ์•ˆ์ „๋†€์ดํ„ฐ ๋ฒ ํŒ…์‚ฌ์ดํŠธ ๊ฐ€์ž… ๊ณ ํ™”์งˆ์ค‘๊ณ„ ์ข‹์€ ๋ฉ”์ด์ €๋†€์ดํ„ฐ ์‚ฌ์ดํŠธ ํ† ํ†  ๋ฉ”์ด์ €๋†€์ดํ„ฐ ์ถ”์ฒœ ์Šคํฌ์ธ ํ† ํ†  ๋ฌด๋ฃŒ ์Šคํฌ์ธ ์ค‘๊ณ„ ๊ณ ํ™”์งˆ ๋ฌด๋ฃŒ ์Šคํฌ์ธ ์ค‘๊ณ„ ๊ณ ํ™”์งˆ ์‚ฌ์ดํŠธ ๋ฉ”์ด์ €๋†€์ดํ„ฐ ์•ˆ์ „ ํ† ํ† ์‚ฌ์ดํŠธ ์ถ”์ฒœ ๋ฆฌ์ŠคํŠธ ์•ˆ์ „ ํ† ํ† ์‚ฌ์ดํŠธ ์ถ”์ฒœ ๋ชฉ๋ก ์˜ค๋ž˜๋œ ํ† ํ†  ๋ฉ”์ด์ €๋†€์ดํ„ฐ ์ข‹์€ ํ† ํ†  ๋ฉ”์ด์ €๋†€์ดํ„ฐ ์ถ”์ฒœ ๋จนํŠ€๊ฒ€์ฆ ์™„๋ฒฝํ•œ ํ† ํ†  ์Šคํฌ์ธ ํ† ํ†  ๋ธ”๋กœ๊ทธ ํ† ํ†  ์Šคํฌ์ธ ํ† ํ†  ์ „๋ฌธ ์ •๋ณด ์œ ๋ช…ํ•œ ํ† ํ†  ์•ˆ์ „๋†€์ดํ„ฐ ๋ชจ์Œ ํ† ํ†  ์•ˆ์ „๋†€์ดํ„ฐ ๊ฒ€์ฆ ๋ชฉ๋ก ๋ฌด์‚ฌ๊ณ  ๋ฒ ํŒ… ๋ฉ”์ด์ € ํ† ํ† ์‚ฌ์ดํŠธ ์—…์ฒด ์Šคํฌ์ธ ํ† ํ†  ๋ฉ”์ด์ €๋†€์ดํ„ฐ ์—…์ฒด ์ถ”์ฒœ ๋ณด์ฆ ์ฝ”๋“œ ๋ฌด๋ฃŒ ์Šคํฌ์ธ ์ค‘๊ณ„TV ์Šคํฌ์ธ ์ค‘๊ณ„ ๋ฌด๋ฃŒ TV ์‚ฌ์ดํŠธ ์ถ”์ฒœํ•˜๋Š” ํ† ํ† ์‚ฌ์ดํŠธ ์•ˆ์ „ ๊ฐ€์ž…์ฝ”๋“œ ํ† ํ† ์‚ฌ์ดํŠธ ๊ฐ€์ž…์„ ์œ„ํ•œ ์ฝ”๋“œ ๋งค์šฐ ์•ˆ์ „ํ•˜๊ณ  ์ข‹์€ ์•ˆ์ „ ์‚ฌ์„คํ† ํ†  ์‚ฌ์ดํŠธ ์‚ฌ์„คํ† ํ†  ๋ฐฐํŒ… ์‚ฌ์ดํŠธ ์ถ”์ฒœ ๋ฑƒ์‚ฌ๊ณต ๋ณด์ฆ ์Šคํฌ์ธ ํ† ํ†  ์‚ฌ์ดํŠธ ์ข‹์€ ์Šคํฌ์ธ ํ† ํ†  ๋†€์ดํ„ฐ ์ด‰๋‚˜๋ผ ์ถ”์ฒœ ์•ˆ์ „ ๋ฐ”์นด๋ผ ์‚ฌ์ดํŠธ ๋ฐ”์นด๋ผ์‚ฌ์ดํŠธ ์ข‹์€ ๊ณณ ์ „๋ฌธ๊ฐ€ ๋ฑƒ์‚ฌ๊ณต ์˜จ๋ผ์ธ ์นด์ง€๋…ธ์‚ฌ์ดํŠธ ์นด์ง€๋…ธ์‚ฌ์ดํŠธ ์ถ”์ฒœ ๋ฆฌ์ŠคํŠธ ํ† ํ†  ๋ฏธ๋‹ˆ๊ฒŒ์ž„ ํŒŒ์›Œ๋ณผ์‚ฌ์ดํŠธ ์•ˆ์ „ ํŒŒ์›Œ๋ณผ ์ „์šฉ ์‚ฌ์ดํŠธ ์ถ”์ฒœ ๋ฑƒ์‚ฌ๊ณต์˜ ๊ฒ€์ฆ์‹œ์Šคํ…œ ๋จนํŠ€๊ฒ€์ฆ ์‚ฌ์ดํŠธ ํ† ํ†  ๋จนํŠ€๊ฒ€์ฆ ์ „๋ฌธ๊ฐ€ ๋ฏฟ๊ณ  ์“ฐ๋Š” ํ† ํ†  ์•ˆ์ „๋†€์ดํ„ฐ ํ† ํ†  ์•ˆ์ „๋†€์ดํ„ฐ ์ถ”์ฒœ ์—…์ฒด ์˜จ๋ผ์ธ ์ „๋ฌธ ์Šฌ๋กฏ๋จธ์‹  ์‚ฌ์ดํŠธ ์Šฌ๋กฏ๋จธ์‹  ์žญํŒŸ ๋†€์ดํ„ฐ์ถ”์ฒœ ํ™•์‹คํ•œ ํ† ํ†  ์ „๋ฌธ๊ฐ€์˜ ์•ˆ์ „ ํ† ํ†  ์•ˆ์ „ ํ† ํ†  ์‚ฌ์„ค ์‚ฌ์ดํŠธ ์œ ๋Ÿฝ ๋‚จ๋ฏธ ํ•ด์™ธ์ถ•๊ตฌ ํ•ด์™ธ์ถ•๊ตฌ ์ค‘๊ณ„ ์ •๋ณด ๊ฐ€์žฅ ์ธ๊ธฐ์žˆ๋Š” ์•ˆ์ „ ๋ฉ”์ด์ €๋†€์ดํ„ฐ ์ข‹์€ ์•ˆ์ „ ๋ฉ”์ด์ €๋†€์ดํ„ฐ ์ฝ”๋“œ ๋ฐฐ๋‹น ์ข‹์€ ์Šน๋ฌดํŒจ ์‚ฌ์ดํŠธ ํ† ํ†  ์Šน๋ฌดํŒจ ์‚ฌ์ดํŠธ ์ถ”์ฒœ ์‚ฌ์„ค ์•ˆ์ „ํ•œ ์•ˆ์ „ ๋ฐฐํŒ…์‚ฌ์ดํŠธ ํ™•์‹คํ•œ ์•ˆ์ „ ๋ฐฐํŒ…์‚ฌ์ดํŠธ ์ถ”์ฒœ

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

The difference between fraud and error lies in the intention. Simply put, fraud is an act that is intentionally carried out to benefit certain individuals or groups and causes detrimental effect to others, while errors are acts of unintentional mistake or negligence. novel online

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Fraud is a delibrate act done by a cunning person to mislead people about the truth and seriously hurt the intended person or organisation, which if caught, could end up in jail. 

Eg : Embezzlement / Misappropriation of cash, stealing from the company resources and showing that the stock was not received or damaged due to unknown reasons etc...

Errors (either major or minor) are made unknowingly (also called mistakes) by anyone who lacks knowledge or due to oversight on the part of the individual, which if caught, can be corrected by taking appropriate measures to prevent it from happening again. 

Eg : Typing errors, Missing out on the formula in excel etc....

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Errors are just the mistake or misstatement or unintentional deviation from the truth. An act or condition of ignorant or imprudent deviation from a code of behavior. Errors arenโ€™t deliberate. An error represents an unintentional misstatement of the financial statement. It may be material or immaterial.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Fraud can be defined as: Any illegal acts characterized by deceit, concealment, or violation of trust. These acts are not dependent upon the application of threat or of physical force. Frauds are perpetrated by parties and organizations to obtain money, property, or services; to avoid payment or loss of services; or to secure personal or business advantage. Fraud represents an intentional misstatement of the financial statement which can be material or immaterial. Fraud takes place when you find evidence of intent to mislead. Fraud occurs when someone purposefully produces deceptive data.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

**Fraud** is a delibrate act done by a cunning person to mislead people about the truth and seriously hurt the intended person or organisation, which if caught, could end up in jail. Fraud represents an intentional misstatement of the financial statement which can be material or immaterial. Fraud takes place when you find evidence of intent to mislead. Fraud occurs when someone purposefully produces deceptive data.Fraud can take the form of the falsification or alteration of accounting records or the financial statements Eg : Embezzlement / Misappropriation of cash, stealing from the company resources and showing that the stock was not received or damaged due to unknown reasons etc... **Errors** (either major or minor) are made unknowingly (also called mistakes) by anyone who lacks knowledge or due to oversight on the part of the individual, which if caught, can be corrected by taking appropriate measures to prevent it from happening again. Eg : Typing errors, Missing out on the formula in excel etc. Errors arenโ€™t deliberate. An error represents an unintentional misstatement of the financial statement. it may be material or immaterial.

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Picsjoin 2017224123730582 answered

Hie Puja, **Difference between Fraud & Error :-** **Fraud** is a delibrate act done by a cunning person to mislead people about the truth and seriously hurt the intended person or organisation, which if caught, could end up in jail. Eg : Embezzlement / Misappropriation of cash, stealing from the company resources and showing that the stock was not received or damaged due to unknown reasons etc... **Errors** (either major or minor) are made unknowingly (also called mistakes) by anyone who lacks knowledge or due to oversight on the part of the individual, which if caught, can be corrected by taking appropriate measures to prevent it from happening again. Eg : Typing errors, Missing out on the formula in excel etc....

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Fraud can be defined as: Any illegal acts characterized by deceit, concealment, or violation of trust. These acts are not dependent upon the application of threat or of physical force. Frauds are perpetrated by parties and organizations to obtain money, property, or services; to avoid payment or loss of services; or to secure personal or business advantage. Fraud represents an intentional misstatement of the financial statement which can be material or immaterial. Fraud takes place when you find evidence of intent to mislead. Fraud occurs when someone purposefully produces deceptive data. Fraud can take the form of the falsification or alteration of accounting records or the financial statements.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

What is The Difference Between Frauds And Error ? Misstatements can be the result of error or a fraud. Fraud can be defined as: Any illegal acts characterized by deceit, concealment, or violation of trust. These acts are not dependent upon the application of threat or of physical force. Frauds are perpetrated by parties and organizations to obtain money, property, or services; to avoid payment or loss of services; or to secure personal or business advantage. Fraud represents an intentional misstatement of the financial statement which can be material or immaterial. Fraud takes place when you find evidence of intent to mislead. Fraud occurs when someone purposefully produces deceptive data. Fraud can take the form of the falsification or alteration of accounting records or the financial statements. Errors are just the mistake or misstatement or unintentional deviation from the truth. An act or condition of ignorant or imprudent deviation from a code of behavior. Errors arenโ€™t deliberate. An error represents an unintentional misstatement of the financial statement. It may be material or immaterial. Fraud is intentional Error is unintentional

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

What is the difference between fraud and error? The distinguishing factor between fraud and error is whether the underlying action that results in the misstatement in the financial statements is intentional or unintentional. Unlike error, fraud is intentional and usually involves deliberate concealment of the facts. Error refers to an unintentional misstatement in the financial statements, including the omission of an amount or disclosure.

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