Introduction to Financial Statement Fraud

mage of magnifying glass looking at reports
Course Level
Delivered via
2 Credits


Introduction to Financial Statement Fraud presents an introduction to the most common schemes used to manipulate an organization’s financial statements. This course includes descriptions and examples of the schemes, how the schemes are perpetrated and concludes with a discussion of common techniques used to uncover financial statement manipulation.

Key Takeaways:

  • Motivations for committing financial statement fraud
  • Techniques to identify the red flags of fraud using financial statement analysis
  • Categories of fraudulent financial reporting
  • Responsibilities of different parties regarding financial statement fraud



You Will Learn How To:

Identify common motivations for engaging in financial statement fraud

Recognize various categories of fraudulent financial reporting

Apply financial statement analysis techniques to identify red flags and fraud

Contrast the responsibilities of different parties with regard to financial statement fraud

Table of Contents

Lesson 1 Introduction
Lesson 2 Impact of Financial Statement Fraud
Lesson 3 Overview of Financial Statement Fraud
Lesson 4 Fictitious Revenues
Lesson 5 Timing Differences
Lesson 6 Improper Asset Valuation
Lesson 7 Concealed Liabilities and Expenses
Lesson 8 Improper Disclosures
Lesson 9 Financial Statement Analysis Techniques
Lesson 10 Pressure to Commit Financial Statement Fraud
Lesson 11 Preventing Financial Statement Fraud

CPE Information

CPE Credit: 2
NASBA Information: Accounting
Advanced Preparation: None
Last Updated: July 2023
Delivery Method: QAS Self-Study


CPE Credit

Please note: To be eligible for CPE credit, you must complete the final exam within one year of purchase date. You may only claim CPE credit for a course once.

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System Requirements:

  • Internet access: High-speed connection recommended
  • Speakers required for video sound

The Association of Certified Fraud Examiners, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:


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