Telestrat is a worldwide leader in continuing legal education (CLE) courses. Our Telestrat MBA Seminar Series has brought the world of finance, accounting, and business strategy to lawyers in the U.S., Europe, and Asia.

Problems in Financial Reporting - On Demand

Format:On Demand Webcast - available 24 hours/day
Length:1 Hour
CLE Credits:Usually 1 - 1.5 depending on the state. May qualify for ethics credits in some states.
Presented by:Reuben Advani, Former Investment Banker, Author, Professor
Tuition:$49/ Session
Accreditation:Telestrat offers CLE credits for our online programs based on our Accredited Provider Status in CA, PA and IL, and through CA reciprocity in many other states.

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.

  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

Reuben Advani

Former Investment Banker, Author, Professor

Reuben Advani is president of Telestrat Consulting, Inc., a financial advisory boutique which specializes in corporate valuation. Mr. Advani began his career with the Wall Street bank, Morgan Stanley & Co., Inc. where he worked in the firm’s corporate finance division. At Morgan Stanley, he performed detailed valuation analysis on acquisition targets for Fortune 500 companies and oversaw the coordination of several debt and equity issuances. After Morgan Stanley, Mr. Advani joined Sony Corporation of America where he was active in the development of Sony's online initiatives. Mr. Advani has provided consulting services to companies throughout the U.S. and Latin America and has held interim positions with several of them including CFO and COO. He is a frequent speaker on topics ranging from corporate valuation to financial reporting and is the author of The Wall Street MBA (McGraw-Hill).

Mr. Advani holds a BA from Yale University and an MBA from the Wharton School, and serves as an adjunct professor of finance at Drexel University.

Please follow these steps to view an On-Demand webcast:

  1. Click the "Register & Watch Now" Button above.
  2. Fill in the order form and click "Pay by Credit Card".
  3. Once your payment has been accepted, be sure to click the "Complete Your Registration" button for your personal code (it will also be sent immediately via email).
  4. Visit the web address provided with your personal code.