LO6-1: Define and explain the differences among several kinds of employee frauds that might occur at an audit client.

LO6-2: Identify and explain the three conditions (i.e., the fraud triangle) that often exist when a fraud occurs.

LO6-3: Describe techniques that can be used to prevent employee fraud.

LO6-4: Identify the relevant assertions and risks of material misstatement that are typically related to the cash balance.

LO6-5: Identify important internal control activities present in a properly designed system to mitigate the risk of material misstatements for each relevant assertion related to cash and to help prevent or detect employee fraud.

LO6-6: Give examples of substantive procedures used to test cash and relate them to the relevant assertions.

LO6-7: Describe some extended procedures for detecting employee fraud schemes involving cash.