Description

Explore the soft areas of accounting that management can use to conceal corporate distress and the ratios and disclosures that we can use to find evidence of this bias. These forensic accounting techniques are relevant for analysts in investment research as well as those involved in due diligence on corporate finance transactions.

Learning Objectives

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1. How to analyze and use non-GAAP information in identifying reporting bias.
2. How to evaluate the quality of earnings using ratio analysis and cash flow statement scrutiny.
3. How to assess the quality of cash flows, based on their nature and classification in the cash flow statement.