How Financial Statements Are Manipulated (CPA)
Estimated Time: 2 hours
$39.00
Earn 2 Points for Completing
This course is the final course in the 8 - course series on financial reporting and analysis offered by PRATTedu. In this single video course , Professor Pratt first defines earnings management and then introduces and illustrates the two basic forms: real earnings management and accruals earnings management. He illustrates each form, provides a number of examples, discusses whether they are appropriate and then creates a framework for accruals earnings management that identifies and relates the four general areas (materiality, disclosure, classification and measurement) where it is practiced. The video concludes with a thorough discussion of why earnings management is practiced and common strategies used by companies. Throughout the video real - world financial statements and footnotes are analyzed. Companies featured include General Electric, Merck, Harley Davidson, Tesla, AT&T, Volkswagen, Walt Disney and others. Course Type: Video. Worth 2 Technical CPE Credits (CPA/NASBA).
Credits
2 CPE Credits
Learning Objectives
- Define earnings management
- Differentiate between real earnings management and accruals earnings management
- Identify the four general areas where accruals earnings management is practiced and be able to recognize examples of each
- Explain why earnings management is practiced
- List and identify the popular strategies used by companies to practice earnings management
How do I earn credits with VTR Learning?
Can I earn free credits?
How quickly do I receive my credits after completing a course?
How long do I have to complete my course?
What happens if I fail my course?
Do I earn a certificate of completion?
Field of Study: Accounting - Prerequisites & Advanced Preparation: None - CPE Credit Type: Technical - Delivery Method: QAS Self Study - For more information regarding administrative policies such as complaint and refund, please contact our Customer Success team at support@vtrpro.com or visit our Help webpage.
Here are some other courses you might like:
UPDATED 2024: Just as with any new business venture, the topic of finance is crucial to conducting international business. A Gamble in Foreign Markets homes in on this idea by placing you in Central Products’ fictitious accounting department, where you will learn the foundational principles of international finance. Course Type: Business Simulation. Worth 3 PDCs (SHRM).
Global Finance: A Gamble in Foreign Markets
$49
Business Simulation
Global Finance: A Gamble in Foreign Markets
3 PDCs
Add to Cart
UPDATED 2024: Because the effectiveness of any business strategy is only told over time, this course throws you to past and future alike. Alongside Sophie, a fellow intern, you’ll learn how to analyze past and present strategic decisions with the added bonus of seeing their impact on future operations. The virtual case studies of two fictional companies, Lion Industries and C.A.T. Enterprises, brings to life the importance of strategic planning and execution. And with a close focus on forecasting, disruption, positioning and branding, Business Strategy is the perfect way to gain a handhold on this vital subject. Course Type: Business Simulation. Worth 27.5 PDCs (SHRM) and 26 CEUs (HRCI Business Credits).
Business Strategy
$269
Business Simulation
Business Strategy
27.5 PDCs
26 CEUs
Add to Cart
In an increasingly web-driven society, the need for cyber security has never been higher. After all, the mere click of a button can mean years of dealing with fraud, theft and a host of other negative consequences. Cyber Security takes a look at some of the common methods of technological abuse and demonstrates techniques for staying safe online. Course Type: Business Simulation. Worth 2 PDCs (SHRM) and 2 CEUs (HRCI).
Cyber Security
$49
Business Simulation
Cyber Security
2 PDCs
2 CEUs
Add to Cart
Even the hardest times can help us grow – a lesson we should have learned well from the COVID-19 pandemic. After all, many businesses have had to adapt or perish, and the lessons we can learn from looking at the success stories should help inform organizational best practices moving forward. Unfortunately, disaster is sure to strike again, but if we can learn from our previous experiences, we have the chance to prepare and thrive through hard times. Course Type: Video. Worth 2 PDCs (SHRM) and 2 CEUs (HRCI General Credit).
New Business Best Practices After Living Through a Global Pandemic
$39
Video
New Business Best Practices After Living Through a Global Pandemic
2 CEUs
2 PDCs
Add to Cart
CPA: VTR 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: NASBAregistry.org. This program is valid for 2 CPEs.