Second edition. Fraud is a widespread yet often misunderstood topic that ensnares many businesses and businesspeople, partly due to lack of understanding. Fraud involves intentional deception to deprive others of something valuable or to personally enrich someone else. Employees must understand how to recognize and prevent fraud. This course covers two types of business fraud: occupational fraud, which is against one’s employer, and general business fraud, which is conducted by or against a business and involving a customer, supplier, or another outside party. This course overviews key elements for identifying and responding to potential business fraud.