Small Business Internal Controls – Security and Fraud Protection and Detection (Live Broadcast)
Registration Closed
9:00 AM - 4:30 PM
Who can attend
Personal Passport Price $280.00
Organization Passport Price $330.00
Member Price $420.00
Student Price $420.00
New Member Price $420.00
Public Price $520.00
CPD hours
Event type
Live Broadcasts
Event description
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More than ever, the importance of internal controls is being escalated, seemingly on a daily basis. For small businesses, maintaining an effective system of internal controls presents a significant challenge. Implementing many of the theoretical concepts surrounding internal controls – such as segregation of duties – may not be practical or even possible in some cases. Consequently, the current internal control structure of many small businesses fosters an environment in which too much risk is present. This, coupled with the presence of computerized accounting software, can often lead to disastrous results for small business owners and managers.

This course assists accountants in evaluating, developing, and implementing an effective internal control structure in a small business environment. Throughout this course, the concept of risk-based internal controls is stressed, ensuring that small businesses are insulated from the most significant risks. Additionally, in this seminar, you will learn technology-focused techniques for preventing and detecting fraud as well as securing information systems and sensitive data. Course participants will benefit from the case studies used in class in which theoretical concepts are implemented and demonstrated in leading small business accounting software programs such as QuickBooks, Sage 50, Microsoft Dynamics GP, and Sage 100.

This course provides accountants with the necessary insight and tools to design, implement, and monitor effective internal controls, security, and anti-fraud measures for small businesses.


  • Cite internal control fundamentals, including Definitions and Concepts, Types of Internal Control Activities, and the Need for Internal Controls
  • Recognize common small business control deficiencies and issues, including Concentration of Ownership, Inadequate Segregation of Duties, and Lack of Formal Accounting Education by Owners and Employees, and list five key risk areas for small businesses
  • Identify the differences between accounting and administrative controls and describe the objectives and common deficiencies of small business accounting systems
  • Describe the purpose of general controls and list examples of common controls in small businesses
  • Identify relevant internal control procedures over revenues, cash, purchasing, payables, payroll, inventory, and property plant and equipment in small businesses
  • Recognize how to utilize technology tools to prevent and detect occupational fraud
  • Identify opportunities to enhance security over information systems and sensitive data


Accountants in public practice providing services to small businesses and accountants in private industry employed by small businesses.

Special instructions
  • Participants should have a basic understanding of internal control structures.
  • Group-live demo and discussion using color computer projection – NOT a hands-on course.

This seminar is viewed completely online. PLEASE CLICK THIS LINK TO TEST YOUR SYSTEM CAPABILITY AHEAD OF TIME and read some Frequently Asked Questions and/or check computer system requirements needed to view the broadcast.

Hard copy seminar material is NOT provided at seminars. More information can be found here..

Electronic material can be accessed one week prior to the program at https://pdlms.cpaontario.ca/ and should be downloaded in advance.

Registration, cancellation, withdrawal and all other CPA Ontario PD Seminar policies can be found here.

Speaker Bio
K2E Canada Inc, and its US partner K2 Enterprises is the pre-eminent provider of technology-focused continuing professional education to accountants and other professionals in Canada and the United States. We offer seminars on Excel, Word, PowerPoint, Outlook and Access. In addition, our catalogue includes seminars on Internal Controls, Cloud Computing, Tech Tools to Prevent Fraud, Adobe PDF and overviews of current technology for accountants.