Creative Accounting For Bankers (CAB)

If you thought Financial Analysis skills alone are sufficient for your credit analysis and assessment, consider how creative accounting can affect your perceptions and review process in this crucial process. 

This is an in-depth and complete programme to develop your understanding and acumen in identifying creative accounting embedded in many company financial statements.

Objective:

• Attain better knowledge and understanding on Creative Accounting. Know the common motives of companies that commit creative accounting. Identify various methods of Creative Accounting and its impact on financial judgement.

Programme Summary:

• Definition of Creative accounting
• Why companies commit Creative accounting
• 6 practical tools to detect Creative Accounting
• Common methods in Creative Accounting
• Creative accounting through Groups Accounts
• Examples of Creative Accounting

Course Outline:

• Module 1 – Understanding the Basics and Psychology of Creative accounting    
• Definition of Creative accounting
• Why commit Creative Accounting?
• Where to look for creative accounting
• Module 2 – Creative Accounting in Profit and Loss Account    
• Increase or decrease in profit
• Increase or decrease in expenses
• Special accounting entries
• Module 3 – Creative Accounting in Balance Sheet    
• Increase or decrease in assets
• Increase or decrease in liabilities
• Special accounting entries
• Module 4 – Creative Accounting through Group Accounts    
• Consolidation practices
• Treatment of elimination entries
• Intercompany transactions
• Module 5 – Using Creative Accounting knowledge to your advantage    
• How Creative accounting can affect your decision
• How to improve your diagnostics for creative accounting