Steps to Stop External Fraud
Total Credits: 2 including 2 Accounting - Technical
- Average Rating:
- Not yet rated
- Categories:
- Partner Produced | Accounting and Auditing
- Speaker:
- Karl W. Egnatoff, CPA, CITP
- Course Levels:
- Basic
- Duration:
- 2 Hours
Description
Until recently, a percentage of organizations discounted risk related to external fraud attempts. Most were only concerned with protecting physical assets such as inventory or fixed assets. However, because of the many highly publicized corporate hacking events, such as the ones that affected the Colonial Pipeline and JBS Meats, more attention is being paid to external fraud risk of all types. In this session, we look at what is included in a definition of external fraud and then delve into specific control issues that can give rise to increased risk. We then discuss measures that organizations can employ to help reduce exposure to external attacks.
Basic Course Information
Learning Objectives- Recall a definition for external fraud
- Identify control issues that can give rise to external fraud occurrences
- Recall ways to reduce external fraud risk
Major Subjects
- Types of external fraud
- Considerations as organizations work to reduce fraud risk
- External fraud and known parties/External fraud unknown perpetrators
Course Materials
| Important CPA Credit Instructions READ BEFORE WEBCAST UPDATED (487.5 KB) | Available after Purchase | ||
| Steps to Stop External Fraud Handout (606.3 KB) | Available after Purchase | ||
Speaker
Karl W. Egnatoff, CPA, CITP Related Seminars and Products
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 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 certification 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 small businesses.
Karl graduated from Marshall University with a Bachelor of Business Administration degree. During his time in college he participated in division I Cross Country competing on the varsity squad. He was also on the 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.
Dates
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Fri, Jun 27, 2025 - 12:00 PM to 1:45 PM CDT
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Additional Info
Basic Course Information
PrerequisitesNone
Advanced Preparation None
Designed For
Accounting and other business professionals that would benefit by understanding how pervasive external fraud can be and the wish to work to mitigate the risk associated with it
Original Recording Date 06/2025
Yellow Book No
Course Developer MICPA
Date Added to Catalog 05/2025
Additional Information
Complaint Resolution PolicyPlease contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method
Group Internet Based
Course Registration Requirements
Online Registration
Refund/Cancellation Policy
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.