This course will discuss the environmental factors, situations and motivations behind Creative Accounting to help you gauge the believability and reliability of financial reports.
Programme Objective
This course will discuss the environmental factors, situations and motivations behind Creative Accounting to help you gauge the believability and reliability of financial reports.
The common Accounting Cycles which are prone to Creative Accounting, as well as real-life case studies will also be highlighted for discussion.
Programme Outline
What is creative accounting?
Reasons for using creative accounting
Relationship between creative accounting and fraud
Situations where creative accounting is more likely
Types of creative accounting
Environmental factors influencing creative accounting
Earnings management and red flags
Five accounting cycles that are prone to creative accounting
Sales and accounts receivable
Expense and accounts payable
Human resource and payroll
Capital expenditure
Off balance sheet
Concealing creative accounting
Usefulness and limitation of financial statements analysis in detecting creative accounting
Case studies:
Xerox
Enron
Tyco
WorldCom
The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore. ISCA’s vision is to be a world-class accountancy body of trusted professionals, contributing towards an innovative and sustainable economy.
There are over 33,000 ISCA members making their stride in businesses across industries in Singapore and around the world.
Established in 1963, ISCA is an advocate of the interests of the profession. Complementing its global mindset with Asian insights, ISCA leverages its regional expertise, knowledge, and networks with diverse stakeholders to contribute towards the advancement of the accountancy profession.
ISCA is the Designated Entity to confer the Chartered Accountant of Singapore - CA (Singapore) - designation.
ISCA is a member of Chartered Accountants Worldwide, a global family that brings together the members of leading institutes to create a community of over 1.8 million Chartered Accountants and students in more than 190 countries.
The aim of the course is to provide Relationship Managers and other front line staff in private banking and wealth management with the skills necessary to engage with customers, provide solutions, gather feedback and manage customer satisfaction for a given account.
Accounting and Finance skills are necessary for essentials for both personal and professional use. Further, financial skills are fundamental to any managerial position.
ISCA is pleased to partner with the Institute of System Science at the National University of Singapore (“NUS-ISS”) and the Singapore Institute of Technology ("SIT") in curating a structured leadership programme,
Executive Diploma In Accounting & Finance (SBP) course is offered by Ashford College of Management & Technology. Our curricula meet the needs of our students, equipping them well for future academic studies and career development.
Accounting Training for non-finance professionals is a 2-day training of which upon completion participants will be able to get basic understanding about the accounting world. Course most suitable for business owner and manager who need to understand the organization financial status by reading
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