As market conditions shift and macroeconomic pressures mount, identifying hidden corporate risks and financial manipulation is the ultimate secret to capital preservation. This course delivers a powerful forensic framework to spot warning signs before the market reacts.
Moving beyond standard accounting, this strategic toolkit uncovers aggressive executive behavior, accounting loopholes, and hidden corporate vulnerabilities—drawing directly on real-world lessons from massive corporate collapses like Wirecard and Carillion PLC.
Key Topics Covered
- Macro Environment & Audit Risks: Spotting pressures from high interest rates and multiple expansion, handling un-audited subsidiaries, and uncovering scope limitations.
- Balance Sheet & Working Capital Hazards: Navigating reverse factoring, hidden “Other Payables,” and distorted metrics like Days Payable and Days Sales Outstanding.
- Revenue & M&A Manipulation: Evaluating percentage-of-completion risks, gross vs. net revenue inflation, depleted customer deposits, and offshore shell-fund siphoning.
- Audit Quality & Disclosure Scrutiny: Analyzing missing Critical Audit Matters (CAMs), trustee cash verification failures, and cross-examining management narratives against local statutory filings.
Ethics In Accounting
Course Content
Ethics In Accounting