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Tuesday, March 12, 2024 Live Webcast

How Fraud Can Affect Smaller Organizations (X2-39714)

9:00 AM - 1:00 PM EDT
webcast

Vendor Platform

4 CPE Credits in AA

OVERVIEW

Many small to medium sized companies do not properly address the risk that arises related to fraud because these organizations do not have the resources needed to mitigate this risk or because owners or those in top level management underestimate the scope of the issue. All organizations, regardless of size, must be aware of the risks associated with intentional fraudulent acts and know that a significant and effective fraud scheme could even create going concern issues for some entities.

DESIGNED FOR

Accounting and other business professionals with a need to understand small business fraud.

BENEFITS

After attending this presentation, you will be able to...

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

HIGHLIGHTS

The major topics included in this course include:

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

COURSE LEVEL

Basic

PREREQUISITES

None

ADVANCE PREPARATION

None

INSTRUCTOR

Karl Egnatoff

Karl W. Egnatoff, CPA, CITP

Phoenix Beach, LLC

Karl Egnatoff is a Certified Public Accountant (CPA) currently living in Myrtle Beach, South Carolina. During the past 22 years Mr. Egnatoff has worked as a consultant, trainer and as a software engineer while engaged on projects for business organization of all types. Prior to this, Karl worked in public accounting as well as in private sector accounting for a period of approximately six years. Before partnering with Pat Garverick to form Phoenix Beach in 2015, Karl presented and created material in association with other quality CPE organizations for approximately seven years. In addition to being a CPA, he is also a Certified Information Technology Professional (CITP). During the course of his career, Mr. Egnatoff has owned and operated a number of successful businesses. All of these provided services to other organizations in the business community. The experience he garnered while serving these organizations helps him now as he writes and presents continuing professional education through Phoenix Beach. Mr. Egnatoff 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). 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 have been married for twenty-seven years. They have two grown sons, Jordan and Steven.