Financial Statement Risks: Fraud, Misstatements and Earnings Management
Examine the ways to prepare fair financial reports and protect from accusations of fraud.
Through practical case studies, learn to use FASB standards and concept statements to prepare financial statements that meet the expectations of your users. Study the relationship between risks, controls and financial reporting, and consider how earnings management, the new revenue standard and other factors may impact the risk of fraud.
Formerly titled: Controls, Risks and Financial Reporting
- Financial reporting fraud
- Financial reporting objective
- Earnings management
- Accounting standards
- Financial reporting controls
- FASB Concept Statements
- Recognize characteristics of useful financial statements.
- Recognize characteristics of fraud in financial reporting.
- Identify implicit assertions in financial statements.
- Determine risks that affect financial reporting related to fraud and other factors.
- Identify financial reporting controls.
- Determine ways to minimize risk associated with fraud in financial reporting.
- Identify ways to avoid the consequences of failing to meet the expectations of financial statement users.
Internal accountants, financial executives and accountants in public practice.
Registration for this course has passed.
Applicable if you are a HSCPA member in good standing.
Applicable if you are not a HSCPA member.