Sometimes, there is no conclusive evidence of fraud exists, then the investigator needs to find for more clues that can proof for the fraud. In that case, the investigator digs through at‐risk accounts and functions to look for suspicious activity. Analysis of the financial statements provides clues about the potential for fraud. Ratios may look unusual. Account balances may be out of line with recent history. Key documentation may be missing. These types of red flags point the investigator toward areas that deserve additional investigation. Ratio analysis and analytical review procedures are very familiar techniques for financial statement auditors. While analytical procedures may seem elementary, they can be very important in giving clues to areas of the financial statements that may contain fraud.