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Subject:
Item Title: Fraud Prevention and Detection Starts With You
Summary:

The nature of an independent audit can sometimes be misconstrued; business owners sometimes think auditors should be able to detect fraud. Fraud, by definition, is "any act, expression, omission or concealment calculated to deceive another to his or her disadvantage; specifically a misrepresentation or concealment..."(Merriam-Webster Dictionary of Law). By this definition, fraud is not easy or always practical to detect.

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