Deceptive Accounting Practices - Revenue & Expense Manipulation
Author: Kelen Camehl
| CPE Credit: |
2 hours for CPAs |
This course explores deceptive accounting practices used by companies to manipulate revenue and expenses. Participants will learn about specific revenue recognition techniques such as premature revenue recognition, channel stuffing, bill-and-hold arrangements. Participants will also learn about expense manipulation techniques such as capitalizing expenses, shifting expenses, and misclassifying expenses. The course includes detailed examples and highlights the ethical implications and legal consequences of these practices.
Publication Date: April 2026
Topics Covered
- U.S. GAAP Susceptible to Deceptinve Accounting
- Enron & WorldCom
- Revenue Recognition Manipulation Techniques
- Premature Revenue Recognition
- Round-Tripping Transactions
- Channel Stuffing
- Bill-and-Hold Arrangements
- Expense Manipulation Techniques
- Capitalizing Expenses
- Shifting Expenses
- Misclassifying Expenses
- Overstating Asset Lives
Learning Objectives
- Recognize the key motivations behind deceptive accounting techniques
- Identify areas of U.S. GAAP that are most susceptible to manipulation
- Identify techniques used by companies to manipulate revenue in financial statements
- Recognize techniques used by companies to conceal or misstate expenses
Level
Overview
Instructional Method
Self-Study
NASBA Field of Study
Accounting (2 hours)
Program Prerequisites
None
Advance Preparation
None
