Ethics:

Ethics in the accounting profession is defined as guidelines and principles. It includes laws and standards of behavior.

Fraud:

Fraud means the willingly wrong representation of something, to hide some material facts from outsiders or mislead them about some facts.

Management:

There are three levels of management, top management, middle management, and lower management. Top management set objectives, make a plan and take decisions of the organization.

The fraud triangle is a framework of three legs used to explain the factors behinds an individual and professional to commit fraud.

GAAP:

GAAP stands for generally accepted accounting principles. It is the set of accounting principles and standards. It was issued in 1973 for US public and private companies by the financial accounting standard board for issuing a public statement.

It is the set of accounting guidelines lines and rules used by the companies for financial reporting.