Peer Review

How People Rationalize Fraud

Material Detail page

Reviewed:: Oct 8, 2024 by Business

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Ratings

Overall Rating:

Content Quality:

Effectiveness:

Ease of Use:

Overview:

This animated presentation explains how the fraud triangle, (developed by criminologist Donald Cressey) can help us understand how seemingly good people can make unethical decisions in their daily lives. Students will learn the extent of fraud in the world and will understand the fraud triangle. There are links to other resources on corporate fraud as well as a short quiz and discussion questions.

Type of Material:

Presentation

Recommended Uses:

Present in class
Assign as homework
Use group discussion in class
Use in a virtual meeting Discussion forum

Technical Requirements:

Used Chrome, Firefox

Identify Major Learning Goals:

Understand the Fraud Triangle
How to identify fraud when they see it.
The financial implications of fraud
Understand reasons individuals rationalize fraudulent actions
Understand different levels of fraud

Target Student Population:

Undergraduate Accounting Students
Could be used by other disciplines In the workforce
Ethics class
Undergraduates in any class where ethics are being discussed

Prerequisite Knowledge or Skills:

None

Content Quality

Rating:

Strengths:

Clarity and focus in presentation
Engaging presentation
Appealing format
Is current information
Several examples of each leg of the fraud triangle were provided to the viewer.
Authors provide the audience with an entertaining method to discuss an overview of the Fraud Triangle Theory.

Concerns:

Supplemental material may be required
References not obvious
Assumes a standard level of understanding

Potential Effectiveness as a Teaching Tool

Rating:

Strengths:

Teachers and students could learn a lot in a short time.
Animation was mentally stimulating and the narrator had a captivating voice.
The author was also able to interject meaningful visualizations of the three elements of the Fraud Triangle Theory during the presentation.

Concerns:

Could have provided summary
Could have transcript for those who learn better by reading

Ease of Use for Both Students and Faculty

Rating:

Strengths:

The video animation was professionally done.
Author creates a comfortable user-friendly environment interjecting practical illustrations, colorful graphics and excellent artwork/penmanship.
The author also allows audience enough time to process information being presented.
Subtle sound effects to keep the viewer engaged

Concerns:

Cartoon figures could be considered a little primitive.
Could be designed better
Has additional materials that are not always obvious

Other Issues and Comments:

Good, quick lesson about fraud
Students can learn a lot from this Prepare for animated discussion
Would have rated higher with a different font

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