Key terms in economic forensics – with definitions, examples and sources.
Manipulation of financial statements to mislead investors, regulators, or creditors. Common motives include securing financing, meeting performance targets, or concealing losses.
Undermines market transparency and investor trust.
A company postpones recording liabilities until the next fiscal year to inflate current profits.
A glossary is...
The meaning of a glossary is...
A sample glossary entry.
The process of making illegally-gained proceeds appear legal, typically in three stages: placement, layering, and integration.
Facilitates the use of illicit funds and undermines financial system integrity.
A drug trafficker invests proceeds into a cash-intensive restaurant business.
A set of legal and organizational measures designed to protect individuals who report illegal or unethical activities within companies or public authorities. Key aspects include confidentiality, protection against retaliation, secure reporting channels, and legal safeguards.
Promotes transparency, encourages ethical conduct, and supports the detection of corporate crime.
An employee reports to the internal compliance hotline that a manager is systematically awarding supplier contracts in exchange for bribes.
