Unfortunately fraud can occur in all types of organizations. Being aware of the risks of fraud helps practitioners address their responsibilities related to fraud when performing assurance engagements. This course explores conditions which may lead to fraud and how these conditions impact an assurance engagement. The course addresses required procedures related to fraud and how to respond when fraud is identified. That is, the approach to considering further audit procedures and determining the impact on the engagement report. Through exploration of the standards and the use of illustrative examples, you will better understand the risks related to fraud and how to respond. Guidance and tips on practical application will strengthen your ability to maintain an attitude of professional skepticism and conduct effective and efficient engagements.