Course Individually
Course Description
Accounting Analytical Procedures to Detect Fraud and Improve Operations is a course that will provide an understanding of the dynamics of a business prior to performing financial analysis. This course will identify how fraud might impact the financial statements. This course will teach participants how to calculate return on invested capital by using the ROIC tree concept. Participants will learn how to apply the ROIC tree in making day-to-day decisions to improve the return on invested capital. This course will teach participants to understand a business in order to improve operations. Finally, this course will teach participants how to apply improvement methods to increase the value of the company in the marketplace.
NOTE - This is a Video Self-Study Course
Learning Objectives
Upon successful completion of this course participant should be able to be complete the following objectives:
- Recognize the dynamics of a business prior to performing financial analysis as a means of improving your skills in problem identification.
- Recognize how fraud might impact the financial statements which could be identified during analysis in order to solve a fraud case.
- Apply analytical procedure concepts through two real-world cases to test your skills in analysis.
- Calculate return on invested capital by using the ROIC tree concept.
- Apply the ROIC tree in making day-to-day decisions to improve the return on invested capital.
- Identify the financial condition and profitability of the company.
- Apply improvement methods to increase the value of the company in the market place.
CPE Credits: 4 CPE for CPAs
Level: Intermediate
Instructional Method: Self-Study
NASBA Field of Study: Accounting
Program Prerequisites: None
Advanced Preparation: None
Revision Date: March 20, 2023
