(a) Debentures : Debentures denote borrowing by a company and represent its loan capital. A debenture is a document or certificate issued by a company as proof of the money lent to it by the holder. It is an acknowledgment of debt as well as an undertaking to repay the specified sum with interest on or before the prescribed date. Interest on debentures is paid at a fixed rate and it is payable periodically until the maturity and repayment of debentures. Debentures carry no voting rights but they generally involve a charge on the company's assets.
(b) False Accounting Fraud : A false accounting fraud occurs when assets of a company are overstated or its liabilities are understated in order to make it appear financially stronger than what it reality is. An organisation may alter, destroy or deface any account. Due to this the true and fair financial statements of the firms do not reflect.