Fraud is a serious issue in almost all organizations. Assume that you are an outside consultant to a regional clothing retailer. You have agreed to write a brief report outlining ways to manage the risk of fraud. For assistance, visit anti-fraud.aicpa.org and use the Web search engines.

Required
Include the following topics in your report
a. How fraud is defined
b. The role of the audit committee oversight in fraud risk management
c. Fraud risk assessment
d. Fraud Prevention, detection and deterrence
e. Fraud investigation and report