This course is dedicated to reviewing leading-edge concepts for conducting fraud risk assessments and scenario analysis. The topic of fraud — whether it relates to awareness and prevention techniques, fraud auditing, recent fraud in corporate America, or the criminal mind — continues to be on the radar of investors, shareholders, and regulators. Yet execution of holistic fraud risk assessments can often be a very difficult task. COSO 2013 places a stronger emphasis on the need for strong evaluation and risk assessments for Fraud. Auditors and Compliance professionals debate the proper form and depth needed for such assessments. Organizations will need to become more transparent with their fraud assessments and scenario analysis. It is incumbent on individuals within the internal audit, compliance and legal field to ensure management accepts this role with the intent of full transparency. Field of Study: Auditing