Deceptive Accounting Practices: Asset and Liability Manipulation

Overview

This course covers deceptive accounting practices used to manipulate assets and liabilities. Participants will learn about techniques like overvaluing inventory, overstating receivables, and hiding liabilities. The course includes examples and discusses the ethical and legal consequences of these practices.

Find this course for your license


License or Certification 

 

Regulator 

 

Type 

 


Objectives

  • Recognize the key motivations behind deceptive accounting techniques
  • Identify areas of U.S. GAAP that are most susceptible to manipulation
  • Identify techniques used by companies to manipulate asset valuation in financial statements
  • Recognize techniques used by companies to conceal or misstate liabilities

Designed For:

Practicing accountants and financial professionals, including staff, management, executives, and external consultants


WebCE® is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For more information regarding WebCE administrative policies such as refunds, cancellations and concerns, please contact Support Services at 877-488-9308.

Course Information

Adding additional credit may change exam requirements.

Prerequisites:
Basic understanding of financial accounting principles and financial statements
Advanced Preparation: None