This course explores deceptive accounting practices used by companies to manipulate revenue and expenses. Participants learn about specific revenue recognition techniques such as premature revenue recognition, channel stuffing, bill-and-hold arrangements. Participants 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
- 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.
Last updated/reviewed: July 25, 2024
Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA
95113
Contact:
For more information regarding this course, including complaint and
cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to
.
![Instructor for this course Instructor for this course](https://www.illumeo.com/sites/proformative.com/files/imagecache/user_image_large/pictures/picture-143074-1711439099.jpg)
Kelen CamehlCPA, MBA