This course assists with the understanding of the consideration of fraud in a financial statement audit. It provides auditors with operational guidance on the consideration of fraud when a financial statement audit is conducted and is effective for audits of financial statements. The auditor is provided ample information to understand the nature, timing, and impact of frauds being uncovered every day through this presentation of up-to-date facts and statistics on the frauds as found and studied by the Association of Certified Fraud Examiners in their Report to the Nation on Occupational Fraud and Abuse. This basic level course is most beneficial to professionals new to this topic who may be at the staff or entry level in an organization but also for an experienced professional with limited exposure to this topic.