Price range: $116.00 through $136.00
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Secure Transaction CPE Credits
4 Credits: Auditing
Course Level
Overview
Format
Self-Study
Course Description
This Cash Flow Manipulation – What You Need to Know provides an overview of how operating cash flow can be manipulated and the techniques companies use to make liquidity appear stronger than it is. It covers classification-based schemes, including reclassifying financing activities, factoring receivables, and using supplier finance programs. The course also examines timing-based methods, such as accelerating collections, delaying payments, and short-term window dressing. In addition, it explores transaction structuring techniques and how cash flow can be influenced through prepayments, structured settlements, and other arrangements. Finally, the course addresses disclosure and presentation strategies that can conceal cash flow issues, including aggregation, selective narrative disclosures, and the use of non-GAAP liquidity measures.
Learning Objectives
Upon successful completion of this course, participants will be able to:
- Identify ways cash flows can be misclassified to inflate operating cash flow
- Recognize the impact of reclassifying financing activitieson liquidity metrics
- Differentiate between legitimate and manipulative classificationof receivables and supplier finance
- Determine how classificationchoices affect financial statement analysis
Course Specifics
SS926469873
February 27, 2026
There are no prerequisites.
None
86
Compliance Information
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
Meet The Experts
Kelen is a recognized author and reviewer of CPE courses and has authored over 230 courses (570+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics. Kelen remained involved in CPA exam content development for nearly 10 years and authored more than a thousand multiple-choice questions for various sections of the CPA exam. He also serves as an Editorial Advisor for the AICPA’s “Journal of Accountancy”. Kelen has over 20 years of progressive finance and accounting experience. He currently serves as a Principal in Accounting Policy with HP. Prior to HP, he served in …
QAS Self-Study
