Primer Avoiding Common Financial Statement Fraud

This course discusses some common financial statement shenanigans to help you avoid being fooled by them.

Last updated 2022-01-10 | 4.3

- Identify the seven most popular recipes for “cooking the books”.
- Recognize the triggers that cause people to commit financial statement fraud.
- Discover infamous corporate scandals highlighting “financial shenanigans”.

What you'll learn

Identify the seven most popular recipes for “cooking the books”.

Recognize the triggers that cause people to commit financial statement fraud.

Discover infamous corporate scandals highlighting “financial shenanigans”.

Discover techniques for increasing awareness and detecting financial statement irregularities and potential fraud.

* Requirements

* No advanced preparation or prerequisites are required for this course.

Description

Senior management yearns to report positive news and impressive financial results that will please investors, bankers and drive value higher. While most companies act ethically and follow prescribed accounting rules, some take advantage of gray areas in the rules or ignore them altogether in order to portray their financial results in a misleading way. This course discusses some common financial statement shenanigans to help you avoid being fooled by them.

This course covers:

In-depth discussion of common financial reporting irregularities.
Methods of detecting these irregularities and their “red flags”.
Reviews of the factors present when confronting financial statement fraud.
Foolproof ways to prevent them from fooling you!

If you would like Continuing Education Credit (e.g. CPE, CE, CPD, etc.) for this course, it is available if you take this course on the Illumeo dot com platform under course title: Cooking The Books! A Primer on Avoiding The Most Common Financial Statement Shenanigans. Illumeo is certified to provide CPE in over two dozen different professional certifications covering finance, accounting, treasury, internal audit, HR, and more. However, in order to receive CPE credit the courses must be taken on an ‘approved-by-the-governing-body’ CPE platform, and for over two dozen corporate professional certifications, that is the Illumeo platform. Go to Illumeo dot com to learn more.