Instructor for this course
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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!

 

Learning Objectives

  • Identify the seven most popular recipes for “cooking the books”.
  • Recognize the triggers that cause people to commit financial statement fraud.
  • Discover infamous corporate scandals highlighting “financial shenanigans”.
  • Discover techniques for increasing awareness and detecting financial statement irregularities and potential fraud.

38 Reviews (133 ratings)Reviews

5
Member's Profile
Very good presentation. Lots of tips and examples to mull over. Will definitely search for more courses by Jay G.
5
Member's Profile
Upbeat speaker. I especially liked the lists of types of financial statement fraud that he provides
5
Member's Profile
Alot of information - Fraud Triangle and CDEF Revenue Recognition very useful.
5
Anonymous Author
Very funny course. The comics provided were cute but spoke volumes.
5
Member's Profile
Very informative as well as interesting. Nice presentation style
5
Member's Profile
Awesome class and instructor. Informative and educational.
3
Member's Profile
Good introduction to fraud, symptoms and what to look for
4
Anonymous Author
A very entertaining presentation., not boring at all !!
5
Anonymous Author
Liked relating concepts to easy to remember acronyms.
4
Member's Profile
Nice class. Covered a lot of material very quickly.
5
Anonymous Author
Very good summary of fraud concepts. Thank you.
5
Member's Profile
Quick and to the point with easy reminder tips.
5
Anonymous Author
great course for all professionals in business
5
Member's Profile
well structured and great points and insight
4
Member's Profile
Very good presentation. Kept me interested.
5
Anonymous Author
very interesting and engaging presentation
4
Member's Profile
This was more of a fraud concept class.
4
Member's Profile
good for Beginners / intermediate level
3
Member's Profile
A basic introductory course
4
Member's Profile
well spoken - good content
5
Anonymous Author
Good refresher course
4
Anonymous Author
good review/refresher
5
Anonymous Author
Topic Presented well
4
Anonymous Author
good detailed slides
4
Anonymous Author
Basic understanding
5
Anonymous Author
Good overall review
5
Anonymous Author
Good fraud summary
4
Member's Profile
Great Fraud review
5
Member's Profile
Very informative!
5
Anonymous Author
Great overview
5
Member's Profile
very well done
4
Member's Profile
Fascinating
4
Anonymous Author
Good primer
5
Anonymous Author
Engaging
5
Member's Profile
Helpful
5
Anonymous Author
Good
4
Anonymous Author
.
5
Anonymous Author
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Prerequisites

Course Complexity: Intermediate

No advanced preparation or prerequisites are required for this course.

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
INTRODUCTION and OVERVIEW
Fraud
  5:01Let's Talk About Fraud
  12:36The Fraud Triangle
  9:05Symptoms of Fraud
CONCLUSION
  9:54Telltale Signs of Fraud
  13:25Telltale Signs of Fraud (Continued)
CONTINUOUS PLAY
  54:11Cooking The Books! A Primer on Avoiding The Most Common Financial Statement Shenanigans
SUPPORTING MATERIALS
  PDFSlides: Cooking The Books!
  PDFCooking The Books! Glossary/Index
REVIEW and TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM