Upon successful completion of the course, students will be able to: understand the seriousness of the fraud problem and how it affects individuals, consumers, and organizations; describe the nature of "financial statement fraud" and outline the framework for detecting financial statement fraud; describe the fraud triangle and explain why people and organizations commit fraud; discuss the different ways that organizations fight fraud; describe how to create a culture of honesty and how to eliminate opportunities for fraud; apply financial statement analysis techniques to demonstrate the existence of fraud and identify potential fraudsters; perform discovery sampling to obtain documentary evidence; discuss the fraud schemes relating to asset misappropriation; understand the importance of ethical principles, codes of conduct, and social responsibility in corporate governance; and analyze current fraud cases and provide a synopsis of the root cause along with the details of the case.