Webcast: Internal and External Fraud: Understanding it and Working to Control It
363 | Webcast | Intermediate | Scheduled
Description
All organizations, regardless of size, must be aware of the risks associated with intentional fraudulent acts. Fraud activities can be executed from within an organization, by parties outside an entity or by both. One of the primary ways to thwart fraud is to understand how and why it occurs. In this session, we delve into the reasons that both internal and external intentional defalcations take place. The material discusses how difficult it can be to see some of the motives driving those that undertake fraud. We then discuss measures that organizations can implement to help stop fraud activities and add security to the entire enterprise.
Credits
| Number of Credits | Type of Credits |
|---|---|
| 8.00 | Accounting |
Designed For
Accounting and other business professionals with a need to understand ways to thwart fraud
Prerequisites
A basic understanding of Internal Control concepts
Highlights
This session is taught via the use of case studies adapted from real world examples. These examples highlight some of the methods available to help mitigate both internal and external fraud risk. The topics discussed in this session include:
- Understanding why internal fraud occurs.
- Fraudulent acts initiated by outside organizations.
- Policies, procedures, and control measures designed to fight fraud.
- Steps that verify anti-fraud activities are working.
Objectives
Once participants have completed this session, they should be able to:
- Recall reasons that employees and others that are internal to an organization choose to undertake fraudulent acts.
- Indicate the factors that make an organization attractive to those considering an external fraud attempt.
- Identify the types of control measures that work best as entities strive to mitigate fraud risk.
- Recognize specific internal control measures that can help to reduce fraud activities, and
- Indicate how anti-fraud measures add security to all segments and aspects of a business organization.
Prices
- Member (Early Bird)
- $269.00
- Non-Member (Early Bird)
- $369.00
- Member
- $269.00
- Non-Member
- $369.00
Instructors
Karl W. Egnatoff, CPA, CITP
Karl Egnatoff is a Certified Public Accountant (CPA) currently living in Myrtle Beach, South Carolina. He has worked as an information technology services provider, a trainer and a programmer related to financial and business technology projects since 1995. Prior to this, Karl worked in public accounting as well as in private sector accounting for a period of approximately six years. He has been teaching group live and web-based continuing education since 2006. In addition to being a CPA, he is also a Certified Information Technology Professional (CITP).
Karl is a member of the West Virginia Society of Certified Public Accountants, the American Institute of Certified Public Accountants, and the Information Technology Section of the American Institute of Certified Public Accountants. He has also achieved a number of technology certifications including Microsoft Certified Professional (MCP), Certified Software Engineer (CSE) and Certified Integration Developer (CID). During the course of his career, Mr. Egnatoff has owned and operated a number of successful businesses.
Karl graduated from Marshall University with a Bachelor of Business Administration degree. During his time in college he participated in division I Cross County competing on the varsity squad. He was also on Marshall's Track team. Karl and his wife Lana live in Myrtle Beach, South Carolina and have been married since 1990. They have two grown sons, Jordan and Steven.
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