This course is designed to help accounting and finance leaders of all-sized entities, both private and publicly traded, understand the financial instruments investment accounting guidance. The accounting covers financial instrument classification, measurement, and disclosures. This course also guides accounting for issuing debt for organizations that borrow to fund their operations while providing practical examples for dealing with the variety of items that arise from investments in debt and equity securities and from incurring indebtedness.
DESIGNED FOR
Accounting and finance leaders of all-sized entities, both private and publicly traded
BENEFITS
- Define fraud in the context of financial statement fraud
- Describe financial statement frauds and how they occur
- Recognize both soft and hard indicators of fraud
- Identify red flags of financial statement fraud
- Identify who commits financial statement fraud and the incentives motivating them to do so
- Perform a financial statement fraud risk assessment
- Recognize the most common financial statement fraud activities through case analysis
- Identify best practices anti-fraud controls
HIGHLIGHTS
- Fraud risk assessments
- The Fraud Triangle
- Who Commits fraud
- Fraud red flags and motivations to commit fraud
- Common fraud activities
- COSO internal controls
- Anti-fraud controls
- Numberious financial statement fraud case studies
COURSE LEVEL
Intermediate
PREREQUISITES
Accounting or finance experience
ADVANCE PREPARATION
None