Misappropriation of Assets definition

Misappropriation of Assets means the theft of First Nation assets in circumstances where the theft may result in a material omission or misstatement in financial reports.
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Misappropriation of Assets means the theft of first nation assets in circumstances where the
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Misappropriation of Assets means the theft of an entity’s assets that causes the financial statements not to be presented in conformity with generally accepted accounting principles. Misappropriation of assets includes false or misleading records or documents, possibly created by circumventing controls. Examples include but are not limited to embezzling funds; theft of assets; causing an entity to pay for goods and services that have not been received; skimming revenues; payroll fraud.
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Examples of Misappropriation of Assets in a sentence

  • It may include, but is not limited to: Misappropriation of Assets a.

  • Internal Audit, Alternative Internal Audit,Structures and the Level of Misappropriation of Assets Fraud (Vol.

  • Misappropriation of Assets from an Unauthorised Hedge Fund In June 2004, upon becoming aware that client assets were possibly being misappropriated from a hedge fund that was advised by Charles Schmitt & Associates Limited (CSAL), we issued a restriction notice to CSAL and obtained an injunction from the Court to preserve the assets in a timely manner.

  • Misappropriation of Assets Financial Statement FraudFraudulent ActivitiesCorruption Practices Transaction Products: Checks and Credit/Debit CardsTechnologies: ATM & Internet Online BankingTransaction Products: Checks and Credit/Debit CardsRelation to Account: 1st,2nd and 3rd PartiesBiz Processes: Application and TransactionFig.

  • Internal Audit, Alternative Internal Audit Structures and the Level of Misappropriation of Assets Fraud”: Accounting and Finance, 48,.Gilson, L.

  • Internal Audit, Alternative Internal Audit Structures and the Level of Misappropriation of Assets Fraud.

  • Internal fraud has been divided up into four specific categories: Fraudulent Financial Reporting; Misappropriation of Assets; Improper or Fraudulent Financial Activity; Fraudulent Conduct by the Management.

  • Misappropriation of Assets involves the theft of an entity’s assets and is often perpetrated by employees in relatively small and immaterial amounts.

  • Factors Misappropriation of Assets Material Misstatement of Financial Information Headlines According to the ACFE’s “2016 Global Fraud Study”, the typical organization loses 5% of its annual revenue to fraud.

  • J., 2018; ACFE, 2020).Annex A shows the three categories: Corruption, Misappropriation of Assets and Financial Statement fraud (ACFE, n.d.).


More Definitions of Misappropriation of Assets

Misappropriation of Assets means the thep of Acadia First Nation assets in circumstances
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Misappropriation of Assets means the theft of Chippewas of the Thames First Nation assets in
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Misappropriation of Assets means the theft of Upper Nicola Band assets in circumstances
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Misappropriation of Assets means the theft of Micmacs of Gesgapegiag assets in circumstances where the theft may result in a material omission or misstatement in financial reports.
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Misappropriation of Assets means the theft of Band assets in circumstances where the theft
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Related to Misappropriation of Assets

  • Misappropriation means that the Employee (i) uses Confidential Information (as defined below) for the benefit of anyone other than the Employers or an Affiliate, as the case may be, or discloses the Confidential Information to anyone not authorized by the Employers or an Affiliate, as the case may be, to receive such information; (ii) upon termination of employment, makes any summaries of, takes any notes with respect to or memorizes any Confidential Information or takes any Confidential Information or reproductions thereof from the facilities of the Employers or an Affiliate or (iii) upon termination of employment or upon the request of the Employers or an Affiliate, fails to return all Confidential Information then in the Employee’s possession. For the avoidance of doubt, “Misappropriation” does not include disclosure of Confidential Information to a governmental regulatory agency, such as the U.S. Securities and Exchange Commission, provided that the Employee informs the agency that the Employers and/or Affiliates deem the information to be confidential. “Confidential Information” shall mean any confidential and proprietary drawings, reports, sales and training manuals, customer lists, computer programs and other material embodying trade secrets or confidential technical, business, or financial information of the Employers or an Affiliate.

  • Business Intellectual Property means the Owned Intellectual Property and the Licensed Intellectual Property.

  • Permitted Business Investments means Investments by the Company or any of its Restricted Subsidiaries in any Unrestricted Subsidiary of the Company or in any Joint Venture, provided that:

  • Excluded Intellectual Property means any Intellectual Property (including Software, but excluding Trademarks), owned by Seller and its Affiliates as of the date hereof that is not Acquired IP.

  • Permitted Business Investment means any Investment made in the ordinary course of, and of a nature that is or shall have become customary in, the Oil and Gas Business including investments or expenditures for actively exploiting, exploring for, acquiring, developing, producing, processing, gathering, marketing or transporting oil, natural gas or other Hydrocarbons and minerals through agreements, transactions, interests or arrangements which permit one to share risks or costs, comply with regulatory requirements regarding local ownership or satisfy other objectives customarily achieved through the conduct of the Oil and Gas Business jointly with third parties including: