In this new century, financial statement fraud has increasingly become a serious problem for business, government, and investors. Auditors, in particular, have been hit hard for their seeming inability to find fraud on a massive scale. This text illustrates:
Examinations of real-world frauds and practical tools and techniques for carrying out their antifraud responsibilities
Recommendations from the SEC Advisory Committee to reduce the complexity of the financial reporting process and improve the quality of financial reports
Emerging financial reporting and auditing initiatives, including movement toward IFRS and IAAS and the use of the XBRL reporting platform and
Corporate governance reforms in the post-SOX era
Its uncomplicated language illustrates theoretical and practical concepts to aid comprehension of complex financial reporting processes and exposure to a variety of fraudulent activities.
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 #: 1062
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: 10/27/2010
Expiration: One year from enrollment
To arm you with the investigative tools you need to detect–
- Corporate cultures that incentivize dishonest practices,
- Tricks companies use to exaggerate revenue and earnings,
- Techniques devised by management to manipulate cash flow and
- How acquisitions can be used to hide deterioration in the underlying business.