To hide falling profits, some managers ply the flexibility found in accounting principles to alter their financial reports. Others go further and use fraud in their deception. It is vitally important that investors, analysts, and other users of financial statements detect these creative accounting practices as early as possible in order to avoid negative earnings surprises and potential share-price decline.
This course identifies the steps businesses may take to misstate financial performance and identifies those situations where reported results may not be what they seem.
This is a book-based course that requires the separate purchase of a book.
Why is the book purchase separate?
This allows you to get the book your way:
- Immediate download (Quick!)
- Library (Free!)
- Used book (Cheap!)
- Amazon.com (Convenient!)
FunCPE Course #: 1058n
Materials: Separate book purchase
Format: Interactive self-study
Exam questions: Final-100
Passing score: 70% | Unlimited retakes
Advance prep: None
Course level: Overview
Last reviewed/updated: 12/03/07
Expiration: One year from enrollment
To identify the steps businesses may take to misstate financial performance and
Help financial statement users identify those situations where reported results may not be what they seem.