Creative Accounting - Navigating the Grey Areas of Financial Reporting - 2024 (Text Based)

This course explores creative accounting techniques used by companies to manipulate financial statements. Participants will learn about revenue recognition and expense manipulation, as well as asset and liability misrepresentation. The course includes detailed case studies and examples, highlights ethical implications and legal consequences, and provides audit strategies for detecting and preventing these practices.

Learning Objectives:

1. Upon completion of this course, you will be able to

2. Recognize the key motivations behind creative accounting techniques

3. Identify areas of U.S. GAAP that are most susceptible to manipulation

4. Identify techniques used by companies to manipulate revenue in financial statements

5. Recognize techniques used by companies to conceal or misstate expenses

6. Identify techniques used to manipulate asset values and liability balances

Instructional Method: Self-Study

Review Date: 9/16/2024

Required Components: Written Materials

CPE Final Exam Required Passage Grade: 70%,

Please Note: This course must be completed within 1 year of the date of receipt of this course for CPE Credit

Field of Study: Accounting

Level of Knowledge: Beginner

Prerequisites: None

Advanced Knowledge: None

For more information regarding administrative policies such as refunds, cancellations, and complaints, please contact FurtherEd at (912) 666-6282.

FurtherEd 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.