Author : | Kelen Camehl, CPA, MBA |
Course Length : | Pages: 34 ||| Word Count: 13,022 ||| Review Questions: 6 ||| Final Exam Questions: 10 |
CPE Credits : | 2.0 |
IRS Credits : | 0 |
Price : | $17.95 |
Passing Score : | 70% |
Course Type: | NASBA QAS - Text - NASBA Registry |
Technical Designation: | Technical |
Primary Subject-Field Of Study: | Auditing - Auditing for Course Id 2518 |
Description : | This course covers fraudulent activities involving asset and equity mismanagement, as well as deceptive reporting practices. It highlights how companies may misstate asset values, manipulate equity, and misreport financial disclosures to mislead stakeholders. By learning to recognize these schemes, auditors can enhance their ability to detect fraud and ensure greater transparency and trust in financial statements. |
Usage Rank : | 20000 |
Release : | 2025 |
Version : | 1.0 |
Prerequisites : | None. |
Experience Level : | Overview |
Additional Contents : | Complete, no additional material needed. |
Additional Links : |
Detecting Financial Statement Fraud
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Advance Preparation : | None. |
Delivery Method : | QAS Self Study |
Intended Participants : | Anyone needing Continuing Professional Education (CPE). |
Revision Date : | 25-Mar-2025 |
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 - 2518 |
Keywords : | Auditing, Detecting, Financial, Statement, Fraud, Asset, Equity, Reporting, Mismanagement, cpe, cpa, online course |
Learning Objectives : |
Chapter 1
Chapter 2
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Course Contents : | Chapter 1 - Asset and Equity Mismanagement Learning Objectives Chapter Overview Introduction Manipulating Depreciation or Amortization Schedules Related Party Transaction Fraud Creating Shell Companies for Fraudulent Transactions Manipulating Stock Option Accounting Conclusion Review Questions Chapter 2 - Disclosure and Reporting Fraud Learning Objectives Chapter Overview Introduction Failure to Consolidate Related Entities Failure to Disclose Contingent Liabilities Misreporting Foreign Currency Gains or Losses Misleading Disclosures Best Practices for Ethical Financial Reporting Conclusion Review Questions Glossary of Key Terms |