Webcast: Fraud Misstatements & Financial Reporting 26-27

Overview

Deceptive practices in financial statements continue to be a problem. This program discusses historical cases where fraudulent financial statements were not identified by an auditor and how to avoid these problems in the future.

Highlights

A case study approach to financial statement fraud Cases on misrepresentation of assets, including cash, inventory, accounts receivable, fixed assets, goodwill and reserves Common methods of deceiving users of financial statements Red-flags in fraud

Prerequisites

None.

Designed For

CPAs and other financial professionals in public and private practice.

Objectives

Recognize areas on financial statement deception Develop internal controls to limit the reduce fraud risk Incorporate knowledge of fraudulent activities while preparing or auditing financial statements. Identify how standards have been developed to help the financial statement preparer and auditor to identify misrepresented financial statements

Preparation

None.