Year: 2025
Type: conference-paper
Abstract: Fraud in financial management and business has been known for a long time and is almost an obligatory companion of the economy and business all over the world.Our country is no exception to this "general rule" and a variety of models in this direction are also found.Financial fraud occurs in the financial statements of companies, in public procurement, in the calculation and payment of various taxes and social security contributions, in audits conducted, in the absorption of funds from European programs and funds, etc.The fight and counteraction to them is carried out with a variety of control mechanisms regarding them, but then only those that have already been committed are found, most often appropriate sanctions are imposed.The aim everywhere is to take effective action to prevent fraud and abuse, or to successfully implement preventive control at all levels to prevent or maximally prevent such actions that harm both individual organizations and public funds.The paper examines the different types of fraud, the relevant control bodies and possible actions to prevent and prevent them.
Author: Plamen Iliev
Institution: New Bulgarian University
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: gold
OpenAlex ID: W4413318362