The Association of Certified Fraud Examiners (ACFE) has developed a fraud tree which categorizes types of fraud schemes into the following three primary areas: • Corruption • Asset Misappropriation • Financial Statement (FS) Fraud Previous courses have addressed corruption and asset misappropriation related to fraudulent disbursements and financial statement fraud. This course will address asset misappropriation – specifically cash on hand and cash receipts. To identify how fraud can be mitigated, individuals must understand the types of fraud most prevalent to their business. Asset misappropriation is a scheme in which an employee steals or misuses the employing organization’s resources. For asset misappropriation – cash on hand and cash receipts - this course delves into various components that impact these categories. Field of Study: Auditing