Document Type

Article

Publication Date

2019

Abstract

This study investigates the attitudes small business owners and managers have towards fraud and internal controls. Commonly small businesses consist of long-term friends and relatives and tend to embody a culture of family, love, and trust. Four factors were identified that lend themselves to a lack of internal controls and a breeding ground for fraud. A survey was distributed to small business owners and management. The responses were analyzed and compared to the data in the 2016 American Certified Fraud Examiners Report to the Nations. Of the four expectations studied, only the anticipated results of Expectation 1 were confirmed.

DOI

https://doi.org/10.33423/jaf.v19i3.2030

Comments

Bunn, E., Ethridge, J., & Crow, K. (2019). Fraud in Small Businesses: A Preliminary Study. Journal of Accounting and Finance, 19(3). https://doi.org/10.33423/jaf.v19i3.2030

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