Deceptive Accounting Practices: Revenue & Expense Manipulation

Course Overview
This course explores deceptive accounting practices used by companies to manipulate revenue and expenses. Participants will learn about specific revenue recognition techniques such as premature revenue recognition, channel stuffing, bill-and-hold arrangements. Participants will also learn about expense manipulation techniques such as capitalizing expenses, shifting expenses, and misclassifying expenses.  The course includes detailed examples and highlights the ethical implications and legal consequences of these practices.

Learning Objectives
Upon completion of this course, you will be able to:
       •    Recognize the key motivations behind deceptive accounting techniques
       •    Identify areas of U.S. GAAP that are most susceptible to manipulation
       •    Identify techniques used by companies to manipulate revenue in financial statements
       •    Recognize techniques used by companies to conceal or misstate expenses

 

New Course 7/11/24

Additional Contents : Complete, no additional material needed
Advance Preparation : None
Intended Participants : Any CPA looking to maintain or enhance their professional competence
Course Declaration : Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE
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