Kaplan University School of Professional and Continuing Education Kaplan University School of Professional and Continuing Education

Deceptive Accounting Practices (DAP4)

4-Hour Program (Great industry course)

WHY ATTEND THIS COURSE?

This program will discuss:

  • The accounting “stories” behind numerous famous financial statement frauds and failed audits, such as McAfee, Parmalat, and WorldCom
  • Deceptive accounting practices, specifically revenue recognition
  • A forensic approach to recognize the warning signs in areas such as revenue recognition, significant estimates, and choices among accounting methods

DESIGNED FOR...

Practitioners in industry and in public practice.

OBJECTIVE

Participants will be able to:

  • Identify creative accounting practices used to deceive financial statement users
  • Identify those risk characteristics normally associated with fraudulent financial reporting
  • Emphasize improper revenue recognition practices and techniques to identify them

MAJOR SUBJECTS

  • Back to the basics—live cases dealing with improper revenue recognition and other misleading practices
  • When is revenue “real”
  • Reserves, accruals, writedowns, and asset impairments
  • Significant estimates
  • Fair value abuses

COURSE ACRONYM: DAP4

PRESENTATION METHOD: Group-live

LEVEL OF KNOWLEDGE: Basic

PREREQUISITES:

  • None

ADVANCE PREPARATION: None

FIELD OF STUDY: Accounting

RECOMMENDED CPE CREDIT: 4 hours


NOTE: This course is available as an 8-hour and 4-hour program:

  • Deceptive Revenue Recognition and Other Accounting Techniques – Recognizing the Warning Signs (DRR)
  • Deceptive Accounting Practices (DAP4)
  • Dangers of Improper Revenue Recognition (DIR2)

CPE Sponsor icon

SmartPros®, A Kaplan Company and Loscalzo Institute, A Kaplan Company are 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.