This book presents new insights on the nature of fraud and contains in-depth descriptions of the different types of fraud along with proven methods of prevention. Offers step-by-step guidance on how to perform an effective audit, discussions of the major types of fraud with an audit detection procedure for each and numerous case studies - many based on the author's actual experience. This new edition also offers expanded coverage of financial statement fraud, fraud-specific internal control, and Sarbanes-Oxley.