Cash Flow Analysis & Identifying Financial Statement Fraud

 

In this eLearning module on Cash Flow Analysis & Identifying Financial Statement Fraud, let’s familiarise ourselves with the cash flow statement and cash flow calculation, and look at a company’s actual financial data. We will also discuss how companies may manipulate cash flow and other financial statements.

 

Coverage and structure for eLearning module

 

Topic

Sub-topic

Introduction to Cash Flow Statement

  • Cash flow statement components
  • Cash Flow Movements
  • Uses of Cash flow statement

Calculating Cash Flow

  • Cash Flow from Operations
  • Methods for calculating CFO
  • Differences between IGAAP and Ind AS
  • Common classification errors

Case Studies

  • Real life case study for calculation of Cash Flow Statement
  • Evaluation of financial statements with the help of a real life case study

Identifying Financial Statement Frauds

  • Defining Frauds
  • Red Flags for identifying financial statement frauds
  • Types of Financial Statement Frauds

Improper Revenue Recognition

  • Motives behind improper revenue recognition
  • Various ways of doing it
  • Checks that need to be in place

Improper Expense Recognition 

  • Motives behind improper expense recognition
  • Classification of expenses
  • Examples of improper expense recognition

Contingent Liabilities

  • What is a contingent liability
  • Examples of contingent liabilities
  • Disclosure Requirements

Fraud Prevention

  • Checklist for preventing frauds
  • Evaluation of financial statement frauds with the help of a real life case study

 

 

Module Fees: Rs. 2500/-                                  Access period: 3 months                                 Learning time: 3 hours

 

 

Steps to purchase

 

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Detailed steps

Features of eLearning modules:

 

 

Real life case studies

 

Real life case studies built leveraging our expertise in research, ratings & risk solutions

 

Expert Speak

 

Insights incorporated in eLearning, based on 15+ years of classroom training experience

 

Glossary & Resources

 

End to end structure comprising basic definitions to advanced readings

 

Visuals for workflows

 

Use of visuals to show a complex process or workflow

 

Interactive examples

 

Interspersed with practice exercises and interactive examples to help apply concepts

 

Knowledge checks

 

Knowledge checks at the end of each topic to ensure absorption of concepts

 

Animations

 

Animations & Characters to make complex concepts easy to learn

 

Gamification

 

Final assessment questions & gamification at the end of the module to ensure learning objectives are met