What is a key component of the fraud triangle that often can be influenced by training?

Rationalization is a key component of the fraud triangle that can often be influenced by training. This aspect refers to the mental process by which individuals justify their fraudulent behavior, convincing themselves that their actions are acceptable or harmless. Training can play a significant role in addressing and reshaping those justifications.

By providing education on ethical standards, the consequences of fraud, and real-life examples of its negative impacts, training can help individuals understand that rationalizing dishonest behavior is not acceptable. It can encourage a mindset that values integrity and ethics over personal gain or justifying wrongful actions. This proactive approach in influencing rationalization helps create a culture of honesty and responsibility within an organization, ultimately reducing the likelihood of fraud.

In contrast, the other elements of the fraud triangle—pressure, opportunity, and incentives—often stem from external circumstances or internal workings that training may not directly influence. For example, while training may raise awareness about ethical decision-making, it may not significantly alter the pressures individuals face in their personal or professional lives, nor can it eliminate the opportunities that might exist within an organization that could facilitate fraud.