Identify how the fraud triangle and analytical procedures can be used in a computerized investigation.
A fraud triangle is a conceptual depiction of factors that , when all occuring at the same time are highly predictive of fraud . The triangle consists of incentive to commit fraud , opportunity to commit the fraud , and the ability to rationalize the fraudulent activities . Analytical procedures such as trend analysis or ratio analysis can be used to identify fraud risk factors . Most audit firms use generalized audit software (GAS) to read and analyze client's data files , especially key files , for possible indications of fraud . The software can be used to provide additional information about fraud risk factors and the analytical procedures can be used in computerized investigation .