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K2's Small-Business Internal Control, Security and Fraud Prevention and Detection Webinar


April 9
8:00 a.m. - 3:30 p.m.

CPE Credits



PICPA Member: $295 | Nonmember: $400

 More Information

Course No.
Basic understanding of internal controls and accounting and administrative processes in smaller organizations.


Cite internal control fundamentals, including definitions and concepts, types of internal control activities, and the need for internal controlsIdentify common small business control deficiencies and issues, including concentration of ownership and inadequate segregation of duties, and list five key risk areas for small businessesRecognize the common types of fraud schemes occurring in small business and implement internal control measures to reduce the threat of becoming a victimList the objectives and common deficiencies of small business accounting systemsDefine the purpose of general controls and list examples of common general controls in small businessesIdentify relevant internal control procedures over revenues, cash, purchasing, payables, payroll, inventory, and fixed assets in small businesses


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.


Thomas G. Stephens, Jr., CPA.CITP

    • Bachelor of Science in Business Administration, Major in Accounting,Auburn University
    • Master of Science, Major in Finance (emphasis in Corporate Finance), Georgia State University
    • Twenty-five Years of Public Accounting Experience, Five Years of Corporate Internal Auditing Experience, Four Years of Corporate and Cost Accounting Experience
    • Nineteen Years of Experience as a Continuing Professional Education Discussion Leader
    • Member of the American Institute of Certified Public Accountants and the Georgia Society of Certified Public Accountants; Past Member of the Institute of Internal Auditors
    • To Date, Has Presented Over 1,800 Continuing Education Sessions to Over 55,000 Participants

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