Individual Viewer

Common Financial Statement Manipulative Techniques

Length: 1 hour

This course introduces you to the accounting methods you are most likely to encounter in law practice that
can be used to affect reported results. You will learn what to look for, and be better able to ask the right questions. You will discover the tip-offs that alert the financial statement user to a problem.
Deceptive financial reporting can range from “fudging” in small dollar amounts to outright fraud. The devices used to carry this out usually fall into one of a very few
categories. This program covers those types of misleading practices.
Topics covered include revenue reporting abuses, expense accruals, asset write-downs, capitalization vs. expensing, using inventory to change results and more.
A basic understanding of financial statements is necessary in order to get the most from this course.

Course Materials