‘Toshiba Accounting Fraud’
American criminologist Donald Cressey developed the ‘fraud triangle’ model to assist in
explaining why individuals might decide to commit fraud. This model is commonly used by
forensic accountants to understand fraudulent criminal behaviour. (An overview is available
from the Association of Certified Fraud Examiners <www.acfe.com/fraud‐triangle.aspx>)
Required:
(a) Apply the fraud triangle model to generally explain Toshiba’s fraud.
(b) In more detail, explain the motives behind the fraud that are revealed by the fraud
triangle in (a) above. Support your answer with reference to at least three (3)
academic research articles.