Senior management yearns to report positive news and impressive financial results that will please investors, bankers and drive value higher. While most companies act ethically and follow prescribed accounting rules, some take advantage of gray areas in the rules or ignore them altogether in order to portray their financial results in a misleading way. This course discusses some common financial statement shenanigans to help you avoid being fooled by them.
This course covers:
- In-depth discussion of common financial reporting irregularities.
- Methods of detecting these irregularities and their "red flags".
- Reviews of the factors present when confronting financial statement fraud.
- Foolproof ways to prevent them from fooling you!