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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

Case Studies in Fraud and Technology Controls FLEXCAST

Available Until

Your Desk

4.0 Credits

Member Price $196.00

Non-Member Price $225.00

Overview

In the modern business landscape, fraud remains a pervasive issue, often exacerbated by failures in technology controls. This course offers a practical, case study-driven approach to understanding and combating fraud in the digital age. Focusing on the application of information technology general controls and information technology application controls, the course provides insights into the nature of fraud and the control failures that enable it. Participants will analyze real-world fraud cases to identify specific general control and application control breakdowns. This methodical examination equips attendees with the knowledge to recognize control weaknesses and implement effective strategies to mitigate fraud risk. By learning from these real-life scenarios, you’ll gain the tools and understanding necessary to strengthen your organization’s defense against fraud, particularly in the realm of information technology.

Highlights

Fraud current state of affairs. Case studies in fraud. SIM card fraud. Evaluating information tech application controls. AI and fraud prevention and detection.

Prerequisites

None.

Designed For

CPAs and other accounting, auditing, and business professionals who are seeking to reduce fraud risk.

Objectives

Define information technology general controls and information technology application controls and distinguish between the two. List examples of critical information technology controls. Recognize control failures and weaknesses that can lead to fraud. List recommendations for improving internal controls in an organization.

Preparation

None.

Notice

This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.

Leader(s):

Leader Bios

Thomas Stephens Jr, Partner, K2 Enterprises, LLC

Thomas G. Stephens, Jr., received a Bachelor of Science in Business Administration degree (Major in Accounting) from Auburn University in 1985. Upon graduation, Mr. Stephens began working for an Atlanta-based public accounting firm. After earning his designation as a Certified Public Accountant, Mr. Stephens worked for BellSouth Corporation in Atlanta as an Internal Auditor. After two years as an auditor, he was promoted to Staff Manager and then Operations Manager of the Internal Audit Group. In 1991, he transferred to the Comptrollers’ department of BellSouth and served as Manager of the Cost Accounting organization. While working full-time at BellSouth Corporation, Mr. Stephens also attended graduate school, earning a Masters of Science (Major in Finance) from Georgia State University in 1992. Mr. Stephens left BellSouth in 1994 and opened his public accounting practice in the metropolitan Atlanta area. In his practice, Mr. Stephens provided accounting, tax, and consulting services to individuals and a wide variety of small and emerging businesses. As part of his practice, he developed a successful consulting practice providing installation and support services of small business accounting software. Additionally, he began authoring and presenting continuing professional education courses to accounting and finance professionals. In 2003, Mr. Stephens affiliated with K2 Enterprises and in 2007 he joined the firm as a partner. To date, he has lectured nationally on subjects such as internal controls for small businesses, technology strategies, computer hardware and software applications, tax strategies and compliance, and financial accounting standards and applications. Over the past nineteen years, Mr. Stephens has presented in excess of 1,800 educational sessions to over 55,000 participants nationwide. Presently, Mr. Stephens resides in Woodstock, Georgia where, in addition to his association with K2 Enterprises, he provides consulting services to small businesses and CPA firms. In addition to an active professional career, Mr. Stephens enjoys an active personal life as well. He and Michelle – his wife of twenty-nine years – have two children. His hobbies include snow skiing, fishing, and running. Additionally, Mr. Stephens maintains professional memberships with the American Institute of Certified Public Accountants and the Georgia Society of Certified Public Accountants and is a past member of the Institute of Internal Auditors.

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Non-Member Price $225.00

Member Price $196.00