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| Author : | Kelen Camehl, CPA, MBA |
| Course Length : | Pages: 60 ||| Word Count: 26,434 ||| Review Questions: 12 ||| Final Exam Questions: 20 |
| CPE Credits : | 4.0 |
| IRS Credits : | 0 |
| Price : | $35.95 |
| Passing Score : | 70% |
| Course Type: | NASBA QAS - Text - NASBA Registry |
| Technical Designation: | Technical |
| Primary Subject-Field Of Study: | Auditing - Auditing for Course Id 2879 |
| Overview : |
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| Description : |
This course provides an overview of how operating cash flow can be manipulated and the techniques companies use to make liquidity appear stronger than it is. It covers classification-based schemes, including reclassifying financing activities, factoring receivables, and using supplier finance programs. The course also examines timing-based methods, such as accelerating collections, delaying payments, and short-term window dressing. In addition, it explores transaction structuring techniques and how cash flow can be influenced through prepayments, structured settlements, and other arrangements. Finally, the course addresses disclosure and presentation strategies that can conceal cash flow issues, including aggregation, selective narrative disclosures, and the use of non-GAAP liquidity measures. |
| Usage Rank : | 20031 |
| Release : | 2016 |
| Version : | 1.0 |
| Prerequisites : | None. |
| Experience Level : | Overview |
| Additional Contents : | Complete, no additional material needed. |
| Additional Links : |
Internal: Preparing and Analyzing the Statement of Cash Flows
Internal: The Essential Guide to SEC Form 10-K Compliance Disclosures and Best Practices
External:Cash flow forecasting
External:Cash Flow Manipulation Techniques and Their Financial Implications
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| Advance Preparation : | None. |
| Delivery Method : | QAS Self Study |
| Intended Participants : | Anyone needing Continuing Professional Education (CPE). |
| Revision Date : | 05-Jun-2026 |
| NASBA Course Declaration : | Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam. |
| Approved Audience : | NASBA QAS - Text - NASBA Registry - 2879 |
| Keywords : | Auditing, Cash, Flow, Manipulation, What, You, Need, Know, cpe, cpa, online course |
| Learning Objectives : | Chapter 1Classification-Based Cash Flow Manipulation SchemesUpon completion of this chapter, you will be able to:
Chapter 2Timing-Based Cash Flow Manipulation TechniquesUpon completion of this chapter, you will be able to:
Chapter 3Transaction Structuring to Inflate Operating Cash FlowUpon completion of this chapter, you will be able to:
Chapter 4Disclosure and Presentation TechniquesUpon completion of this chapter, you will be able to:
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| Course Contents : | Chapter 1 – Classification-Based Cash Flow Manipulation Schemes Learning Objectives Introduction Reclassifying Financing Inflows as Operating Cash Flow Supplier Finance & Reverse Factoring Receivables Factoring Classification Issues Conclusion Review Questions Chapter 2 – Timing-Based Cash Flow Manipulation Techniques Learning Objectives Introduction Accelerating Cash Inflows Delaying Cash Outflows Window Dressing Strategies Conclusion Review Questions Chapter 3 – Transaction Structuring to Inflate Operating Cash Flow Learning Objectives Introduction Contract Structuring for Cash Flow Appearance Third-Party and Related-Party Transaction Engineering Prepayments, Deposits, and Structured Settlements Red Flags Conclusion Review Questions Chapter 4 – Disclosure and Presentation Techniques Learning Objectives Introduction Narrative Disclosure Techniques Aggregation and Line-Item Presentation Non-GAAP Liquidity Measures Conclusion Review Questions Glossary of Key Terms |
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