Course Detail()

UTAP Funding

14.00 CPE Hours (Category 2)
Classroom

Programme Objective

This course will discuss the environmental factors, situations and motivations behind Creative Accounting to help you gauge the believability and reliability of financial reports. The common Accounting Cycles which are prone to Creative Accounting, as well as real-life case studies will also be highlighted for discussion.
 

Programme Outline

  • What is creative accounting?
  • Reasons for using creative accounting
  • Relationship between creative accounting and fraud
  • Situations where creative accounting is more likely
  • Types of creative accounting
  • Environmental factors influencing creative accounting
  • Earnings management and red flags
  • Five accounting cycles that are prone to creative accounting
  • Sales and accounts receivable
  • Expense and accounts payable
  • Human resource and payroll
  • Capital expenditure
  • Off balance sheet
  • Concealing creative accounting
  • Usefulness and limitation of financial statements analysis in detecting creative accounting

Case studies:

  • Xerox
  • Enron
  • Tyco
  • WorldCom 

Training Methodology

Lecture style, with Exercises/Case Studies

Closing Date for Registration

1 week before programme or until full enrolment
 

Intended For

An Intermediate level programme intended for both Practising and Non-Practising Accountants and Auditors. Those who may have the chance to come across fraudulent reporting in their work are welcome to attend.

Schedule & Fees

Testimonial

Funding

1] NTUC Union Training Assistance Programme (UTAP)
UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members.

NTUC members enjoy 50% *unfunded course fee support for up to $250 each year when you sign up for courses supported under UTAP. NTUC members aged 40 and above can enjoy higher funding support up to $500 per individual each year, capped at 50% of unfunded course fees, for courses attended between 1 July 2020 to 31 December 2022. *This excludes miscellaneous fees such as GST and registration fee etc.
 
This course is approved for UTAP support for intakes conducted between 01 April 2021 – 31 March 2022.
 
As UTAP is given on calendar year basis, and calculated based on year of training taken, it cannot be accumulated.

  • Maintained paid-up NTUC membership before course, throughout course duration and at the point of claim and;
  • Course by training provider must be supported under UTAP and training must commence within the supported period and;
  • Unfunded course fee must not be fully sponsored by company or other types of funding
  • Unfunded course fee must be S$20.00 and above, and;
  • Member must achieve a minimum of 75% attendance for each application and sat for all prescribed examination(s), if any and;
  • UTAP application must be made within 6 months after course ends.

To submit for UTAP claims, please visit http://skillsupgrade.ntuc.org.sg/. Terms and conditions apply.
Should you have queries on the funding scheme, you can email to UTAP@e2i.com.sg or call NTUC Membership Hotline at 6213-8008

Programme Facilitator(s)

Programme Objective

This course will discuss the environmental factors, situations and motivations behind Creative Accounting to help you gauge the believability and reliability of financial reports. The common Accounting Cycles which are prone to Creative Accounting, as well as real-life case studies will also be highlighted for discussion.
 

Programme Outline

  • What is creative accounting?
  • Reasons for using creative accounting
  • Relationship between creative accounting and fraud
  • Situations where creative accounting is more likely
  • Types of creative accounting
  • Environmental factors influencing creative accounting
  • Earnings management and red flags
  • Five accounting cycles that are prone to creative accounting
  • Sales and accounts receivable
  • Expense and accounts payable
  • Human resource and payroll
  • Capital expenditure
  • Off balance sheet
  • Concealing creative accounting
  • Usefulness and limitation of financial statements analysis in detecting creative accounting

Case studies:

  • Xerox
  • Enron
  • Tyco
  • WorldCom 

Training Methodology

Lecture style, with Exercises/Case Studies

Closing Date for Registration

1 week before programme or until full enrolment
 

Intended For

An Intermediate level programme intended for both Practising and Non-Practising Accountants and Auditors. Those who may have the chance to come across fraudulent reporting in their work are welcome to attend.

Programme Facilitator(s)


No course instances or course instance sessions available.