K2's Small-Business Internal Control, Security and Fraud Prevention and Detection Webcast | 4203871P

Friday, April 09, 2021
Webcast or Webinar, Online
8:00 AM - 3:30 PM (opens at 7:30 AM) EST
Accounting and Auditing

Registration is Closed

Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.

$294.00 Regular Price
$400.00 Regular Price
Course Type: Webcast
Course Code: 21/4203871P
Level: Intermediate
Vendor: California CPA Education Foundation
Field of Study: Auditing


Internal controls are more important than ever, and their importance increases daily. But internal controls present a challenge for many smaller organizations. Learn to evaluate, develop, and implement an effective internal control structure in a small business environment. Discover 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. As a participant, you will benefit from case studies where theoretical concepts are implemented and demonstrated in leading small business accounting software programs, such as QuickBooks and QuickBooks Online, Sage 50/Peachtree, Microsoft Dynamics GP, and Sage 100.


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

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

Designed For:

Financial and business professionals.


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