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Need last-minute WBOA-required ethics credits? Check out this self-study program: Washington Ethics and New Developments with Mark Hugh 2024 - ON DEMAND

K2's Small Business Internal Controls, Security, and Fraud Prevention And Detection WEBCAST

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8.0 Credits

Member Price $270.00

Non-Member Price $320.00

Overview

Fraud plagues small businesses - the group that can least afford it! Fortunately, there are proven options you can implement to stem the tide of fraud found in smaller companies and not-for-profits, and in this session, you will learn how to do precisely that!

Highlights

Common challenges associated with implementing appropriate internal controls in small business environments. Fraud in small business environments. Internal control options in small business accounting software. Understanding the need for application controls and general controls.

Prerequisites

Basic understanding of internal controls and accounting and administrative processes in smaller organizations.

Designed For

Business professionals responsible for internal control and fraud prevention and detection.

Objectives

Cite internal control fundamentals, including definitions and concepts, types of internal control activities, and the need for internal controls. Identify common small business control deficiencies and issues, including concentration of ownership and inadequate segregation of duties, and list five key risk areas for small businesses. Recognize the common types of fraud schemes occurring in small businesses and implement internal control measures to reduce the threat of becoming a victim. List the objectives and common deficiencies of small business accounting systems. Define the purpose of general controls and list examples of typical control techniques in small businesses. Implement technology tools to prevent and detect occupational fraud. List opportunities to enhance security over information systems and sensitive data.

Preparation

None.

Notice

None.

Leader(s):

Leader Bios

Brian Tankersley, CPA, K2 Enterprises, LLC

Brian Tankersley is a consultant who advises US firms and companies on accounting technology issues. Mr. Tankersley is a frequent speaker at continuing education courses for K2 Enterprises, and publishes a nationally recognized blog on accounting and technology (www.cpatechblog.com). He has also served as the technology editor for a major accounting industry publication. Mr. Tankersley has over 20 years of professional experience, including accounting, auditing, technology, and education, and has been with K2 Enterprises since 2005. Tankersley has been recognized annually as one of the “Top 25 Thought Leaders in Public Accounting Technology” for 2011-2014 by Cygnus Business Media. Tankersley is also one of the principal authors of the 2015 Accounting Firm Operations and Technology Survey, which included over 500 US accounting firms. Brian has made presentations in 46 of the 50 US states and has served as a guest speaker for many professional accounting organizations across Canada. He received the Outstanding Discussion Leader Award from the Tennessee Society of CPAs in 2009 and 2013, and was recognized for writing the Article of the Year for the Tennessee CPA Journal in 2011. Brian has presented sessions at many national conferences, including AICPA TECH+/Practitioners Conference, The Sleeter Group’s Solutions Conference, Sage Insights, CCH Connections, and Thomson Reuters Synergy User Conference. Brian is both a Certified Public Accountant and Certified Information Technology Professional, and has bachelor’s degrees in both Accounting and Finance, cum laude, from the University of Tennessee. He is a certified public accountant (Tennessee), a certified information technology professional (CITP), and a Chartered Global Management Accountant (CGMA). Tankersley also holds numerous vendor software certifications, and is a member of the Tennessee Society of CPAs and the American Institute of CPAs. Brian and his family make their home in Farragut, Tennessee.

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Non-Member Price $320.00

Member Price $270.00