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Course Level :Basic
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Credits :4
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Pre-requisites :None
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Advance Preparation :None
In the complex world of financial reporting, companies may be tempted to engage in creative accounting practices to present more favorable financial statements.Â
This CPE Course explores various techniques, including revenue recognition manipulation, expense shifting, and misrepresentation of assets and liabilities. We will explore how these practices, though often legal, can cross ethical lines and lead to legal consequences, harming investors, stakeholders, and the company's long-term reputation. Furthermore, we’ll discuss the moral responsibilities of accountants in maintaining transparency and the regulatory frameworks, like U.S. GAAP and IFRS, designed to prevent financial misrepresentation.
Key topics covered:
Participants will also learn essential audit strategies to detect creative accounting, from scrutinizing revenue recognition methods to assessing contingent liabilities. Join us as we uncover the truth behind financial manipulation and discuss ways to protect financial reporting.
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
Kelen is a recognized author and reviewer of CPE courses and has authored over 150 courses (370+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics. His courses are available for purchase from many online CPE providers including the AICPA. Kelen remained involved in CPA exam content development for nearly 10 years and authored more than a thousand multiple choice questions for various sections of the CPA exam. He also serves as an Editorial Advisor for the AICPA’s "Journal of Accountancy". 
Kelen has nearly 20 years of progressive finance and accounting experience. He currently serves as a Principal in Accounting Policy with HP in Doha, Qatar. Prior to HP, he served in multiple accounting roles in the oil & gas industry with ConocoPhillips including technical accounting policy, SOX compliance, and internal audit. He also gained public accounting experience with PricewaterhouseCoopers, working with various clients in the energy, electric, power, gas, and utility sectors.
22 Ratings
EH
Dec 10th, 2024
Great course for learning about creative accounting and the risks involved.
RR
Nov 18th, 2024
straight forward, good reminders
GK
Dec 9th, 2024
Good. Liked the format as easy to fit into available time slots.