K2’s Case Studies In Fraud And Technology Controls
Auditing
8 CPE Credits
Upcoming Live Event Schedule
This course is part of an event and you must register for the associated event to participate.
Financial Mastery & Fraud Control: Multi-State Conference
May 16, 2024 | Seminar
Navigating Blockchain, AI, and Beyond: Multi-State Conference
July 30, 2024 | Seminar
Innovate & Integrate: Multi-State Conference for Accountants
December 30, 2024 | Seminar
Major Topics
- Key fraud risks impacting businesses today
- Examples of fraud and the monetary impact on victims
- How to create, implement, and assess technology-based internal controls to reduce the probability of becoming a fraud victim
Learning 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
Course Description
Fraud continues to plague businesses at epidemic levels, and technology control failures are a significant reason fraud occurs. Using a case study approach, in this session, you will learn about the pervasiveness of fraud, the control failures contributing to fraud, and what you can do to mitigate fraud risk.
A specific focus of this course is applying information technology general controls and information technology application controls. In this course, you will examine numerous reported fraud cases and identify the general and application control failures that contributed to each fraud. By learning through these real-world case studies, you will be positioned better to reduce fraud risk.
Compliance Information
Intended Audience
CPAs and other accounting, auditing, and business professionals who are seeking to reduce fraud risk
Advanced Preparation
None
Field of Study
Auditing
Credits
8 Credits
Published Date
November 2, 2022
Course Authors
Tommy Stephens
Tommy Stephens received a Bachelor of Science in Business Administration degree (Major in Accounting) from Auburn University in 1985. In 1992, he earned a Master of Science degree (Major in Finance) from Georgia State University in Atlanta. Presently, Tommy is a Certified Public Accountant, a Certified Information Technology Professional, and a Chartered Global Management Accountant. In 1995, Tommy began authoring and presenting continuing professional education courses to accounting and finance professionals. In 2003, he affiliated with K2 Enterprises, and in 2007, he joined the firm as a partner. To date, he has lectured internationally 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 twenty-five years, Tommy has presented over 2,700 educational sessions to over 70,000 participants throughout the United States and Canada.
K2 Enterprises
K2’s goal is to produce and deliver the highest quality technology seminars and conferences available to business professionals. We work cooperatively with professional organizations (such as state CPA societies and associations of Chartered Accountants) and vendors of technology products. K2 also provides consulting services and advice on technology.
We make every effort to maintain a high level of integrity, family values, and friendship among all involved.
Overview
Fraud continues to plague businesses at epidemic levels, and technology control failures are a significant reason fraud occurs. Using a case study approach, in this session, you will learn about the pervasiveness of fraud, the control failures contributing to fraud, and what you can do to mitigate fraud risk.
A specific focus of this course is applying information technology general controls and information technology application controls. In this course, you will examine numerous reported fraud cases and identify the general and application control failures that contributed to each fraud. By learning through these real-world case studies, you will be positioned better to reduce fraud risk.
Course Details
- Key fraud risks impacting businesses today
- Examples of fraud and the monetary impact on victims
- How to create, implement, and assess technology-based internal controls to reduce the probability of becoming a fraud victim
- 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
Intended Audience — CPAs and other accounting, auditing, and business professionals who are seeking to reduce fraud risk
Advanced Preparation — None
Field of Study — Auditing
Credits — 8 Credits
IRS Program Number –
Published Date – November 2, 2022
Revision Date –
Course Authors
Tommy Stephens
Tommy Stephens received a Bachelor of Science in Business Administration degree (Major in Accounting) from Auburn University in 1985. In 1992, he earned a Master of Science degree (Major in Finance) from Georgia State University in Atlanta. Presently, Tommy is a Certified Public Accountant, a Certified Information Technology Professional, and a Chartered Global Management Accountant. In 1995, Tommy began authoring and presenting continuing professional education courses to accounting and finance professionals. In 2003, he affiliated with K2 Enterprises, and in 2007, he joined the firm as a partner. To date, he has lectured internationally 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 twenty-five years, Tommy has presented over 2,700 educational sessions to over 70,000 participants throughout the United States and Canada.
K2 Enterprises
K2’s goal is to produce and deliver the highest quality technology seminars and conferences available to business professionals. We work cooperatively with professional organizations (such as state CPA societies and associations of Chartered Accountants) and vendors of technology products. K2 also provides consulting services and advice on technology.
We make every effort to maintain a high level of integrity, family values, and friendship among all involved.
All of our self-study courses are NASBA approved (through our partners at K2 Enterprises) the revisions to the Statement on Standards for Continuing Professional Education (CPE) Programs (Standards).
Your Registration Includes:
- ✓ Course materials (video & PDF version)
- ✓ Unlimited attempts to complete exam
- ✓ Course materials (PDF & Sample Materials)
- ✓ Instant grading & certificate of completion
- ✓ One year access to complete your CPE
- ✓ Completion certificate