Fraud (from Australian Standard AS 8001)
Dishonest activity causing actual or potential financial loss to any person or entity. This also includes the deliberate falsification, concealment, destruction or use of falsified documentation used or intended for use for a normal business purpose or the improper use of information or position.
Dishonest activity in which a director, executive, manager, employee or contractor, student or UTAS member acts contrary to the interests of the entity and abuses his/her position of trust in order to achieve some personal gain for him or herself or for another person or entity.
Authorised by the Director, Risk and Audit
21 March, 2013