Dangers of Improper Revenue Recognition
2.00 Credits
Member Price $89
Non-Member Price $119
Overview
Headline after headline points out how pervasive improper revenue recognition has become. Through lecture and short case write-ups, this program will identify improper revenue recognition techniques. In addition, the program will address quality of earnings, which is in the forefront of this scandal-ridden environment.
Prerequisites
None
Designed For
Accountants and auditors in public and private practice
Objectives
- Identify creative accounting practices used in revenue recognition to deceive financial statement users
- Identify those risk characteristics normally associated with fraudulent financial reporting
- Apply accounting rules the right way
Preparation
None
Leader(s):
Leader Bios
Mark Mishler, Kaplan Financial Education
Mark D. Mishler, CPA, CMA is a discussion leader for Loscalzo Associates Ltd. He is Senior Vice President, Chief Financial Officer, Treasurer, and Secretary with Breeze-Eastern (NYSE:BZC), a global aerospace manufacturer. In this role he manages financial planning and analysis plus budgeting and forecasting. He ensures financial integrity and regulatory compliance; works with all operational managers to improve profitability, cash flow, and balance sheet optimization; and develops stakeholders’ confidence in the company. Functionally, he manages finance, accounting, auditing, treasury, tax, SEC reporting, information technology, and risk management. With more than 29 years’ experience in finance and accounting for global public manufacturing companies, Mr. Mishler has led debt and equity financing including an IPO, mergers & acquisitions, public and SEC reporting, audit, manufacturing accounting, information technology, and strategic planning.
Non-Member Price $119
Member Price $89