Occupational Fraud and Abuse Classification System

The Occupational Fraud and Abuse Classification System is a framework used to categorize different types of dishonest or illegal activities committed by employees within an organization. It helps identify whether the fraud involves misappropriating assets, manipulating financial statements, or abusing authority. By classifying these behaviors, organizations can better understand the nature of fraud, develop targeted prevention strategies, and improve detection techniques. Essentially, it serves as a tool to systematically organize and analyze various fraudulent acts, enhancing overall efforts to deter and address workplace misconduct effectively.