1. Research the number one best way fraud is discovered. Here you might make use of the 2022 study done by the Association of Fraud Examiners called Report to the Nations.

2. Using that information, suggest what the lesson teaches you on how best to set a business up so that you are in a better position to discover fraud happening.

3. Perhaps staying with the Report to the Nations...discover what area of the world has the highest level of check fraud. Theorize why is that?

4. CASE STUDY: The facts as based on a real life example: The in-house bookkeeper of a country club embezzled $300,000. The external auditors found it even though buried in some clever adjusting journal entries in the books and records. The external auditors reported it to the board of directors. The board told the auditors they would look into it and get back to the auditors before the audit would continue. The board came back and reported that they found that the bookkeeper was "just borrowing the money to care for her sick husband" and that she would continue to work for the club, and they would withhold part of her paycheck to pay back the debt. As a result the external auditors withdrew from the engagement and the board had to find another auditing firm. Address the following -

What is the basic difference between external auditors and internal auditors?
How lucky was it for the external auditors to have caught the fraud? [Base your answer on how often do external auditors catch fraud.]  
Relate the facts of the case to the fraud triangle.
5. Research when being under the influence of alcohol might excuse you from the "intent" requirement for a crime...being that during the time of being intoxicated you are not in control of your actions.