Certificate Program
FINC 375
Hidden Financial Risks
There is one required textbook for this course.
Book 1: Hidden Financial Risk, J. Edward Ketz, John Wiley & Sons Inc. ISBN # 0-471-43376-4.
Ordering Information: You may order this book from any source that you wish. Many of the major bookstores through out the country will special order this book for you.
This course focuses on illustrating how the improper application of accounting rules misleads users of financial statements. The material for this course is provided in the book, Hidden Financial Risk, J. Edward Ketz, John Wiley & Sons Inc. ISBN # 0-471-43376-4.
For this textbook there will be a Learning Portfolio all of which are answered as you study the textbook. You will work on the Learning Portfolio as you progress in your textbook.
You will receive a pass/fail on the Learning Portfolios and a letter grade on the one comprehensive final exam based on the following scale:
90–100% = A
80-89% = B
70-79% = C
Below 70% = Fail
You must receive a letter grade of C or higher to successfully complete the program.
At the completion of this course, you will be able to:
1). Another Accounting Scandal?
2). Balance Sheet Woes.
3). How to Hide Debt with Equity Method.
4). How to Hide Debt with Leasing Accounting.
5). How to Hide Debt with Pension Accounting.
6). How to Hide Debt with Special Purpose Entities.
7). Failures of Managers & Directors.
8). Failure of the Auditing Profession.
9). Failure of Regulation.
10). Failure of Investors.
11). Making Financial Reports Credible.
The course begins on the date of your enrollment. You have 90 days to complete each course. Extensions are rarely granted, and then, only for extreme emergencies or active military duty. If you don’t complete the course within the 90-day time frame, you will receive an “incomplete/withdrawal” and will have to re-register and pay tuition again if you desire to complete it.
This is a self-paced course. You may proceed at the pace that is right for you. It is acceptable to accelerate in this course and to complete it in less than 90 days.
As you progress through the course, always feel free to contact me to discuss issues, questions, etc. related to the course. I am there to be a mentor to you as you proceed with learning.
You may contact me via email at any time. You may also request to have a meeting in a chat room with me. Please make such requests directly to me, and I will then set the date and time for the chat room meeting. I will answer your emails within 48 hours of receipt.
All of the assignments for this course are detailed in the classroom. Go back to the classroom page and click on “assignments.”
If you have any questions concerning the course please e-mail me at the address provided or contact Breyer State at adm@breyerstate.com
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