20WX-1062: Revenue Recognition: Risks NOT in the New Standard (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Monday, August 17, 2020
12:30pm - 2:30pm Central Time
2 CPE (2 technical)
Do you know why the reasons management and clients manipulate revenue are frequently OUTSIDE the accounting records?
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Major subjects
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Using 10 real cases, Gary will show you why the new monster accounting standard on revenue recognition misses simple yet crucial risks that incent entities to manipulate revenue.
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Pricing risks
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Legal risks
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Finding revenue of omission
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Risk to revenue from advertising
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Risk from the audit requirement to "understand the entity"
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How even a small amount of revenue is material
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Why customer payment doesn't mean that revenue was legally earned
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How non-financial metrics are a red flag to revenue manipulation
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How to link usually separate analytical procedures to find revenue fraud
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How to use contracts and bank loans to identify revenue risk
Learning objective(s)
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Find the non-financial risks of revenue manipulation
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Recognize where the financial statements are at risk
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Link financial and non-financial metrics to minimize malpractice liability
Who should take this program?
CEOs, CPAs, bankers, executives, internal auditors, regulators, controllers, CFOs, attorneys, compliance officers, risk managers
Fees
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If you register, you will be charged
$79.00
(Standard Nonmember Fee).
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Standard Member Fee |
$79.00
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Standard Nonmember Fee |
$79.00
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