Fraud schemes auditors may encounter can be subtle. First-year audit staff can learn ways to detect and respond to fraud in various forms. Fraud schemes overview You will explore various types of fraud schemes you may encounter as an auditor. Topics include: - Spotting the signs of fraud - Responding appropriately when fraud is detected during an audit - The entity's fraud awareness and prevention responsibilities - Ways audit data analytics can improve fraud detection Who Will Benefit - Recently onboarded staff - First-year staff - Firms that want consistent training and level setting Key Topics - Fraud basics - Statistics regarding fraud - Fraud and the audit process - Fraud schemes - Defensive tools and approaches - Encountering fraud - Using audit data analytics Learning Outcomes - Identify the definition of fraud in a financial statement audit. - Identify various dimensions and types of fraud. - Identify appropriate responses to suspicions of fraud. - Recognize the potential of audit data analytics in common fraud procedures.