Fundamentals of Earnings Management ON DEMAND
Available Until
Your Desk
5.0 Credits
Member Price $145.00
Non-Member Price $167.00
Overview
This course provides a comprehensive overview of earnings management, explaining why managers adjust reported results and how a variety of issues influence financial reporting outcomes. It examines the regulatory environment, and the roles of auditors, governance, and internal controls in constraining aggressive reporting practices, while highlighting the analytical techniques used by analysts to detect earnings management. The course concludes with an in-depth discussion of ethical considerations and the need for professional judgment when preparing financial statements.
Highlights
Nature of earnings management. Compliance with accounting standards. COSO internal control framework.
Prerequisites
None.
Designed For
CPAs, CEOs, CFOs, controllers, and other financial managers.
Objectives
Describe the nature of earnings management. Identify the accounting frameworks that define how earnings should be recognized, and how they differ. Specify the control requirements and responsibilities imposed by the Sarbanes-Oxley Act. Identify the government regulatory authorities that enforce compliance with accounting standards. Recall how reserves can be used to manage earnings. Specify the basis upon which reserve amounts are justified. Describe the types of management actions that are considered to be real activities manipulation. Specify the impact of changes in production levels on reported profits, and more.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $167.00
Member Price $145.00