Document Type
Article
Publication Date
5-2013
Publication Source
Cost Management
Abstract
This article focuses on how standard cost variances can be used in detecting potential fraudulent activities. Each primary type of variance (material, labor, and overhead) is addressed with a discussion of possible inappropriate causal factors. Additionally, internal controls, graphic techniques, and other methods that can be implemented to combat fraud are provided.
Inclusive pages
16-27
ISBN/ISSN
0899-5141
Document Version
Published Version
Copyright
Copyright © 2013, Cost Management/Thomson Reuters
Publisher
Cost Management/Thomson Reuters
Volume
27
Issue
3
Peer Reviewed
yes
eCommons Citation
Raiborn, Cecily A.; Butler, Janet B.; and Zelazny, Lucian, "Standard Costing Variances: Potential Red Flags of Fraud?" (2013). Accounting Faculty Publications. 65.
https://ecommons.udayton.edu/acc_fac_pub/65
Included in
Accounting Commons, Business Administration, Management, and Operations Commons, Business Law, Public Responsibility, and Ethics Commons, Corporate Finance Commons, Nonprofit Administration and Management Commons
Comments
This document is provided for download with permission from the publisher. Permission documentation is on file.