August 27, 2019


In-Person

Joy Knodel, General Manager Holiday Inn Mobile


8 Total CPE Credits

product-artwork-661097

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

  • Instructor

    Mac McClelland

Learning Objectives

  • Upon completing this course, you should be able to:
  • 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 business 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 common general controls in small businesses
  • Identify relevant internal control procedures over revenues, cash, purchasing, payables, payroll, inventory, and fixed assets in small businesses
  • Implement technology tools to prevent and detect occupational fraud
  • List opportunities to enhance security over information systems and sensitive data
  • Define alternative control procedures and describe their significance in small businesses

Major Topics

  • Internal control fundamentals
  • Fraud in America today
  • General controls and security measures
  • Desktop tools for preventing and detecting fraud
  • Internal control opportunities in small business accounting software

CPE Credits Available

8
Total CPE
8
Accounting & Auditing

Things to Know About This Course

Course Level

  • Intermediate

Professional Area of Focus

  • A & A

Prerequisites

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

Advanced Preparation

None

Intended Audience

Business professionals responsible for internal control and fraud prevention and detection

Provider

K2 Enterprises

This event has ended.