This course explores how companies can manipulate financial statements and cash flow to mislead stakeholders. It covers schemes such as inflating revenue, understating liabilities, mismanaging assets, and misreporting disclosures. Participants will also learn how cash flow can be distorted through classification and timing tactics, transaction structuring, prepayments, and other arrangements. The course highlights disclosure and presentation strategies, including selective narratives and non-GAAP measures, helping auditors recognize red flags and improve transparency in financial reporting.

Learning Objectives
Upon completion of Chapter 1, you will be able to:
•    Identify common methods of manipulating revenue and earnings in financial statements
•    Recognize indicators of inflating earnings with non-recurring items and overstating deferred revenue
•    Distinguish between legitimate and fraudulent journal entries
•    Recognize indicators of backdating transactions and how they can impact financial reporting
Upon completion of Chapter 2, you will be able to:
•    Identify fraudulent activities that involve understating expenses and liabilities in financial statements
•    Recognize common schemes for misclassifying financial statement items and manipulating reserves
•    Distinguish between legitimate and fraudulent lease classifications under accounting standards

To complete this course participants need to: Read the material provided and answer chapter review questions, successfully complete the qualified assessment with a minimum of 70% accuracy to receive your certificate. 

A course evaluation form is provided for your feedback, upon course completion. Participants have 1 year from the date of purchase/enrollment to complete this course 

Our Refund policy can be found at: https://cpeprime.com/cancellation-and-refund/