Small-Business Internal Control, Security and Fraud Prevention and Detection

Course Details

Date

Friday, July 12, 2019

6:00am – 1:30pm (Registration: 5:30am)

Field of Study

Accounting & Audit

CPE Credit

8 hours CPE credit

Level of Knowledge

Intermediate

Vendor

K2 Enterprises

Prerequisites

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

Description

Learn how to evaluate, develop and implement an effective internal control structure in a small-business environment.

Identify how to assess risk in smaller organizations and how to implement preventive, detective, deterrent and compensating controls to mitigate these risks, even in the absence of proper segregation of duties.

Additionally, learn technology-focused techniques for preventing and detecting fraud, as well as securing information systems and sensitive data, and benefit from case studies using leading small-business accounting software programs.

Highlights

  • 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

Objectives

  • Identify internal control fundamentals: Definitions and concepts; types of internal control activities; and the need for internal controls.
  • Identify common small-business control deficiencies and issues.
  • Determine five key risk areas for small businesses.
  • Recognize common types of small-business fraud schemes and how to redo the threat.
  • Identify relevant internal control procedures over revenues, cash, purchasing, payables, payroll, inventory and fixed assets in small businesses.
  • Identify alternative control procedures and describe their significance in small businesses.

Designed For

Financial and business professionals.

Registration for this course has passed.

Course Pricing

WYOCPA Member Fee

Applicable if you are a WYOCPA member in good standing.

$245.00
Non-Member Fee

Applicable if you are not a WYOCPA member.

$375.00
Your Price $375.00

View All Professional Development Courses