More than half of financial fraud during the last 30 years have been in the area of improper revenue recognition. In this course, you will learn to recognize examples of improper revenue recognition, including fictitious revenue and fictitious journal entries. Revenue recognition guidance and the risk of improper revenue recognition in the presentation of financial statements will be discussed to help mitigate audit risk. Guidance from various organizations including the SEC, COSO, the AICPA's Accounting Standards Board, and FASB will be examined to help better identify and perhaps prevent the occurrence of improper revenue recognition in financial statements.

IMPORTANT: This course, previously titled "Deceptive Accounting Techniques - Revenue Recognition" has been republished. Please be aware that the content is the same, with only minor updates. If you have already received credit for this course, you cannot receive credit again.

Please note that this product will expire either on 09/30/2025 or one year from the date of purchase (whichever occurs first). Educator discounts do not apply to this product.