Engineered Transactions and the Illusion of Strong Cash Flow (Course Id 2880)

The Engineered Transactions and the Illusion of Strong Cash Flow course isolates contract structuring, staged payments, and prepayments as techniques used to make operating cash flow appear stronger.

This course identifies red flags in third party and related party transaction arrangements that may signal engineered cash flow results.

This course focuses only on transaction design, rather than the classification or timing tactics covered in the other single topic courses in this series.

This course is a Technical, self study text course worth 1.0 CPE credit in Auditing, requiring a 70% score on a 5 question final exam after 3 review questions (optional), within one year. CPEthink is approved by NASBA as a CPE sponsor and lists this course on the NASBA site as a courtesy for CPAs to search https://nasba.org.

Yes, Engineered Transactions and the Illusion of Strong Cash Flow provides one hour of CPE credit in fraud prevention, detection, or reporting, which counts toward the four hour fraud CPE requirement imposed by the California Board of Accountancy (http://www.dca.ca.gov/cba) on CPAs subject to the accounting and auditing, governmental auditing, or preparation engagement CE requirement.