Accounting Analytical Procedures to Detect Red Flags and Potential Fraud (v23) – Video Self Study Course

Course Description

Accounting Analytical Procedures to Detect Red Flags and Potential Fraud 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. Finally, participants will learn how to apply the ROIC tree in making day-to-day decisions to improve the return on invested capital.

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.

CPE Credits: 2 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