Accounting & Analytics · Auditing & Assurance

RedFlag Audit: Earnings Quality & Financial Forensics

Simulation to teach forensic accounting and earnings quality analysis. Participants act as analysts at Meridian Capital Partners, investigating four fictional companies for earnings manipulation using Beneish M-Score, cash flow forensics, and multi-document cross-referencing.

4 rounds Executive English, Español
All simulations Get started
Preview

Who it is for

An advanced simulation for participants used to working with the main frameworks and trade-offs of the subject, designed for executive education and experienced professionals.

How a session runs

  1. The instructor creates a session from the Eureka dashboard and invites the participants.
  2. Participants play 4 rounds. In each one they submit their decisions and the simulation calculates the results.
  3. The simulation can be run in English, Español.
  4. The instructor follows each participant's progress and results from the dashboard, and uses the class results for the debrief.

Decisions participants make

The decisions participants make during the simulation:

  • Screening Approach — 40 Analyst Hours
  • Deep Dive Focus — 35 Analyst Hours
  • Management Interview Question — 20 Analyst Hours
  • Novela Secondary Offering — Team Response
  • Vantara Retail
  • CrestBridge Tech
  • Harmon Consolidated
  • Novela Pharma
  • Novela Adjusted EV/EBITDA Estimate (reported: 22.8x)

Subjects covered

Designed for courses in Auditing & Assurance.

  • Financial Statement Analysis
  • Earnings Quality & Accounting Red Flags
  • Forensic Accounting & Fraud Investigation

  • Los Números que Mienten

    Forensic accounting simulation where learners detect revenue manipulation during M&A due diligence for a Honduras-based SaaS company, assess…

    Executive · 4 rounds

  • La Auditoría Forense: Detección de Fraude

    Simulación para practicar técnicas de auditoría forense incluyendo análisis de datos con Ley de Benford, detección de duplicados, cadena de custodia…

    Executive · 4 rounds

  • DigiAudit: IT Audit Control Testing Lab

    Interactive simulation where students audit the IT environment of a financial services firm, testing IT General Controls, Application Controls, and…

    Executive · 10 rounds

  • La Auditoría Interna: Risk-Based Approach

    Simulation where participants practice risk-based internal auditing at a Colombian insurance company, covering risk assessment, audit planning…

    Executive · 4 rounds

  • SOXmap: Section 404 Control Mapping

    Simulation where students perform a Sarbanes-Oxley Section 404 assessment of internal controls over financial reporting, mapping controls to…

    Executive · 10 rounds

  • La Auditoría de TI

    Simulation where learners conduct an IT audit of an insurance company, investigating unauthorized access, data integrity issues, evaluating reserves…

    Executive · 4 rounds

See all Accounting & Analytics simulations →

Ready to use RedFlag Audit: Earnings Quality & Financial Forensics with your students?

Contact us and we'll set you up with a free trial session.

Contact us