Blog Ipsa Loquitur

Published on under Irreverently Irrelevant

How can you tell if one of your employees has committed fraud, and is currently considering covering up their misdeeds? According to a new study published by accounting firm Ernst & Young, apparently you can start by searching for the phrase “cover up.” No, really. Here are the top 15 phrases:

  1. Cover up
  2. Write off
  3. Illegal
  4. Failed investment
  5. Nobody will find out
  6. Grey area
  7. They owe it to me
  8. Do not volunteer information
  9. Not ethical
  10. Off the books
  11. Backdate
  12. No inspection
  13. Pull earnings forward
  14. Special fees
  15. Friendly payments

I thought this was fake until I saw Ernst & Young’s name pop up eleven times on Wikipedia’s article about accounting scandals. They must be experts at this kind of thing. Via Quartz.