Dangers of Improper Revenue Recognition

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.

Objectives

Participants will be able to:

• 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

Credits