In this 2.5-hour module, the third in the series, the question that we will be addressing is: how is it that companies manage to report profits if these do not exist? The answer is found in what we can call “creative” accounting methods. A prime example of such practice is the bringing forward of revenues that relate to future periods and should therefore be reported in those future periods and not in the current one. Such practices are becoming a frequent nightmare. They may not necessarily be illegal but they are definitely not proper and shareholders (or their representatives) need to be aware of them.