Organizations around the world lose an estimated 5% of their annual revenues to fraud, according to a survey of Certified Fraud Examiners (CFEs) who investigated cases between January 2016 and December 2017. It is difficult to understand the state of mind of a fraudster when he commits fraud. The tool developed by Donald Cressey, an American Sociologist, and Criminologist, called the Fraud Triangle, is a framework commonly used in auditing to explain the motivation behind an individual's decision to commit fraud.

In addition to the Fraud Triangle, the course explains the other fraud management tools: Fraud Diamond and Fraud 10-80-10 Rule. The course contains detailed knowledge of fraud classification categories, subcategories, fraud schemes, and methods used by perpetrators. The course is dedicated to enhancing the knowledge about fraud schemes and fraud trees.

In this course, you will be asked to read through lessons, participate in learning activities, and partake in knowledge checks designed to reinforce learning, followed by the end of the course final assessment.