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.
The major topics covered in this class include:
- Factors that cause people to commit financial statement fraud
- The seven most common ways of "cooking the books"
- Specific corporate scandals which highlight "financial shenanigans"
- Increasing your awareness of possible techniques to detect financial statement irregularities and potential fraud
Field of study: Auditing
schedule2 hours on-demand video
signal_cellular_altIntermediate level
task_altNo preparation required
calendar_todayPublished At Aug 29, 2022
workspace_premiumCertificate of completion
errorNo prerequisites
lock1 year access
calendar_todayUpdated At Sep 26, 2023