The incidence of information technology (IT) fraud, where technology is used to perpetrate fraud or is the target of fraud schemes, is on the rise. This course provides an overview of information technology (IT) fraud, its associated risks, and its effect on audit processes. Upon completion of this course, you will be able to: Name the basic elements of the fraud paradigm; Understand the relevance of internal controls for fraud prevention and detection; Understand the risks stemming from information technology (IT); Identify the conditions under which IT is used for committing fraud; Identify situations where IT is used as a target of fraud; Explain the implications of fraud and IT on audit processes