In the wake of the massive corporate accounting scandals such as Enron, WorldCom, and Parmalat, the importance of detecting such fraud has taken on new proportions. No longer a matter reserved exclusively for accounts and financial analysts, accounting fraud is a concern of most attorneys who must be able to detect and report any suspicions of questionable reporting practices. This Continuing Legal Education (CLE/MCLE) course is designed to equip attorneys with the basic skills to determine signs of corporate accounting fraud along with guidance on what to do when confronted with such matters.

Click here to download Chapter 1 of The Wall Street MBA by Telestrat President Reuben Advani

1. History of Accounting fraud
2. Why fraud occurs
3. Balance Sheet warning signs
4. Income Statement warning signs
5. Cash Flow Statement warning signs
6. Detecting weakness
7. Off Balance Sheet financing
8. Reserve accounts
9. Mark to Market accounting
10. Case study: WorldCom

Max Minkoff

Corporate Executive, Business Professor

Max Minkoff is Chief Operating Officer of Telestrat Consulting, Inc., a financial advisory boutique which specializes in corporate valuation. Mr. Minkoff began his career with Rohm and Haas Company and has since served as CEO, COO, CFO, and CTO at a variety of emerging growth companies, beginning with VictorMaxx Technologies, a Virtual Reality consumer product company that he helped take public in 1995. Mr. Minkoff also started and worked with several other successful companies, including ShotTower LLC, a private-label foods manufacturer, Blogarithm, a popular Internet service for blog readers, and DocuVault Delaware Valley, a fast-growing records archive and destruction service.

Mr. Minkoff has taught university courses in business management and holds an MBA from The Wharton School at the University of Pennsylvania.