All professional standards require that auditors consider the impact of fraud risks during planning. But exactly how do you do that? And what’s the best way to document the audit response to risks on each audit project? Discuss how to brainstorm fraud risks; document the impact of fraud risks in the audit program; put real action behind the concept of Professional Skepticism; use a three step fraud detection for auditors on every project; utilize attribute testing, inquiries, and monitoring to surface fraud symptoms; and determine the real cause of symptoms, indicators and red flags.