I just recently read the book “Fraud 101”. It explains different ways people and enterprise can cause fraud and ways how to be reduce the risk of fraud.
According to the International Practices, you don’t have to assume that you don’t have to discover fraud. Although you must have an understanding of controls and make audit test to assure you that, there has not been a fraud.
In the following post, I will make an abstract of this book, which I found it seriously good.
Also I will like to read more books about it and make my own conclussions.
Pablo de Leon