Fraud 101, Second Edition will serve as an educational tool for business managers, accountants, auditors, and college students who need to learn about becoming proactive in
detecting fraud. This book creates the awareness that any fraud that is detected usually comprises a relatively small percentage of the fraud universe, and that traditional methods of
fraud detection are only minimally effective.
Fraud 101, Second Edition provides step-by-step guidance and new, real-world case studies on how to perform a proactive fraud
audit. It then discusses the major types of fraud, providing an audit detection procedure for each.
This revised edition will be more comprehensive, covering financial balance
fraud (as opposed to asset theft fraud) in detail and offering an extended discussion of Fraud-Specific Internal Control (FSIC). The revision will also be appropriate
for use as a college-level text.
