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How Fraud Can Affect Smaller Organizations 25-26

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Webcast Only

4.00 Credits

Member Price $195.00

Non-Member Price $249.00

Overview

Small to medium-sized companies often fail to address fraud-related risks adequately. Often, organizations lack the resources needed to mitigate this risk. In other cases, owners or senior management underestimate the scope of the issue. Regardless of size, all organizations must be aware of the risks associated with intentional fraud. We’ll explore why fraud occurs, examining defalcations often used against smaller entities. Then, review measures that organizations can implement to increase security and stop fraud.

Highlights

  • The reasons for fraud
  • Fraudulent acts that are initiated against smaller organizations
  • Methods to stop fraud attempts against small businesses

Prerequisites

None

Designed For

CPAs, accounting, and business professionals.

Objectives

  • Identify reasons that employees and others who are internal to an organization choose to undertake fraudulent acts
  • Recall the factors that make smaller organizations attractive to those considering fraud
  • Identify specific internal control measures that can help to reduce fraud activities executed against smaller and medium-sized companies

Preparation

None

Leader(s):

Leader Bios

Karl Egnatoff, The Garvs LLC

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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Non-Member Price $249.00

Member Price $195.00