Dangers of Improper Revenue Recognition

Overview

Headline after headline points out how pervasive improper revenue recognition has become. Through lecture and short case write-ups, this program will identify improper revenue recognition techniques. In addition, the program will address quality of earnings, which is in the forefront of this scandal-ridden environment.

Prerequisites

None

Designed For

Accountants and auditors in public and private practice

Objectives

• Identify creative accounting practices used in revenue recognition to deceive financial statement users
• Identify those risk characteristics normally associated with fraudulent financial reporting
• Apply accounting rules the right way

Preparation

None

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by the California Education Foundation (CalCPA). Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.