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Live Webcast Replay

K2’s 2023 Case Studies in Fraud and Technology Controls - 4 Hrs

Total Credits: 4 including 4 Auditing- Technical

Average Rating:
ACPEN Industry Institute |  Industry |  Accounting and Auditing
Thomas G. Stephens Jr., CPA.CITP, CGMA
Course Levels:
4 hours
Product Setting: Expires 30 day(s) after program date.

Please Note: Programs with a ☾ insignia begin after 5pm or air on the weekend.


Fraud continues to plague businesses at epidemic levels, and technology control failures are a big reason fraud occurs. 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 of these frauds. By learning through these real-world case studies, you will be better positioned to reduce fraud risk.


Basic Course Information

Learning Objectives
  • Define information technology general controls and information technology application controls and distinguish between the two
  • List examples of key information technology controls
  • Recognize control failures and weaknesses that can lead to fraud
  • List recommendations for improving internal controls in an organization

Major Subjects
  • 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

Course Materials


Thomas G. Stephens Jr., CPA.CITP, CGMA's Profile

Thomas G. Stephens Jr., CPA.CITP, CGMA Related Seminars and Products


K2 Enterprises

Tommy Stephens received a Bachelor of Science in Business Administration degree (Major in Accounting) from Auburn University in 1985. In 1992, he earned a Master of Science degree (Major in Finance) from Georgia State University in Atlanta. Presently, Tommy is a Certified Public Accountant, a Certified Information Technology Professional, and a Chartered Global Management Accountant.

During his professional career, Tommy has gained valuable experience in a variety of positions, including:

  • Working as an auditor and technology consultant for an Atlanta-based public accounting firm;
  • Leading an Internal Audit staff and managing a Cost Accounting team for a Fortune 500 company;
  • Serving as a Chief Financial Officer for an international engineering organization; and
  • Founding and managing his public accounting firm that provides accounting, tax, and consulting services to individuals and a variety of small and emerging businesses.

In 1995, Tommy began authoring and presenting continuing professional education courses to accounting and finance professionals. In 2003, he affiliated with K2 Enterprises, and in 2007, he joined the firm as a partner. To date, he has lectured internationally on subjects such as internal controls for small businesses, technology strategies, computer hardware and software applications, tax strategies and compliance, and financial accounting standards and applications. Over the past twenty-five years, Tommy has presented over 2,700 educational sessions to over 70,000 participants throughout the United States and Canada.

Presently, Tommy resides in Woodstock, Georgia, where he enjoys an active personal life with his wife. His hobbies include snow skiing, fishing, running, and other outdoor activities. Tommy maintains professional memberships with the American Institute of Certified Public Accountants and the Georgia Society of Certified Public Accountants. Additionally, he is a past member of the Institute of Internal Auditors.


Sat, Feb 24, 2024 - 10:00am to 01:36pm EST
Fri, Mar 08, 2024 - 12:00pm to 03:36pm EST
Thu, Mar 28, 2024 - 06:00pm to 09:36pm EDT
Mon, Apr 01, 2024 - 04:00pm to 07:36pm EDT
Tue, Apr 16, 2024 - 10:00am to 01:36pm EDT
Wed, May 08, 2024 - 12:00pm to 03:36pm EDT
Tue, May 21, 2024 - 06:00pm to 09:36pm EDT
Mon, Jun 03, 2024 - 04:00pm to 07:36pm EDT
Tue, Jun 11, 2024 - 06:00pm to 09:36pm EDT
Mon, Jun 17, 2024 - 12:00pm to 03:36pm EDT
Fri, Jul 12, 2024 - 09:00am to 12:36pm EDT
Thu, Jul 25, 2024 - 07:00pm to 10:36pm EDT
Mon, Aug 12, 2024 - 01:00pm to 04:36pm EDT
Thu, Aug 29, 2024 - 03:00pm to 06:36pm EDT
Tue, Sep 10, 2024 - 05:00pm to 08:36pm EDT
Mon, Sep 30, 2024 - 09:00am to 12:36pm EDT
Wed, Oct 02, 2024 - 11:00am to 02:36pm EDT
Tue, Oct 29, 2024 - 01:00pm to 04:36pm EDT
Tue, Nov 05, 2024 - 07:00pm to 10:36pm EST
Wed, Nov 20, 2024 - 05:00pm to 08:36pm EST
Mon, Dec 09, 2024 - 09:00am to 12:36pm EST
Fri, Dec 20, 2024 - 11:00am to 02:36pm EST
Mon, Dec 30, 2024 - 01:00pm to 04:36pm EST
Sat, Jan 04, 2025 - 03:00pm to 06:36pm EST
Thu, Jan 23, 2025 - 05:00pm to 08:36pm EST
Wed, Feb 12, 2025 - 09:00am to 12:36pm EST
Fri, Feb 21, 2025 - 11:00am to 02:36pm EST
Sat, Mar 08, 2025 - 01:00pm to 04:36pm EST
Fri, Mar 28, 2025 - 03:00pm to 06:36pm EDT
Thu, Apr 10, 2025 - 07:00pm to 10:36pm EDT
Fri, Apr 25, 2025 - 09:00am to 12:36pm EDT
Tue, May 06, 2025 - 11:00am to 02:36pm EDT
Sat, May 17, 2025 - 01:00pm to 04:36pm EDT

Additional Info

Basic Course Information

Original Recording Date 2023
Date Added to Catalog 8/22/2023
Prerequisites Fundamental understanding of internal controls
Advanced Preparation None
Designed For CPAs and other accounting, auditing, and business professionals who are seeking to reduce fraud risk
Course Developer K2 Enterprises
Yellow Book No

Additional Information

Instructional Delivery Method Group Internet Based
Complaint Resolution Policy Please contact Anne Taylor for any complaints., (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:
Refund/Cancellation Policy Please contact the ACPEN help desk 1-877-602-9877 or if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.
Course Registration Requirements Online Registration



Overall:      4.8

Total Reviews: 6


Robert C - Coopersburg, Pennsylvania

"Thank You"