K2's Case Studies In Fraud And Technology Controls

Overview

You could pay $0 for this course!

Fraud plagues businesses at epidemic levels, and technology control failures are a major contributing factor. Using a case study approach, in this session, you will learn about the pervasiveness of fraud, the control failures that contribute to fraud, and what you can do to mitigate fraud risk. A specific focus of this course is the application of information technology general controls and information technology application controls. In this course, you will examine numerous reported fraud cases and identify the general control and application control failures that contributed to each fraud. By learning through these real-world case studies, you will be better positioned to reduce fraud risk.

This course qualifies for reimbursement through the state’s Workforce Training Express Fund. Firms/companies with fewer than 50 staff can be reimbursed up to 100% of the cost of training and firms/companies with 50-100 employees can be reimbursed up to 50% of the cost of training. You must register for the course and apply for reimbursement through the Workforce Training Express Fund website a minimum of three weeks prior to the start of the course. The course code for this program is C-6488. To learn more, click here or contact Julia Ekelund at jekelund@masscpas.org.

Highlights

• 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

Prerequisites

Fundamental understanding of internal controls

Designed For

CPAs and other accounting, auditing, and business professionals who are seeking to reduce fraud risk

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

Preparation

None