Falsifying financial statements and ways to reduce them Cover Image

Zafałszowania w sprawozdaniach finansowych i sposoby ich ograniczania
Falsifying financial statements and ways to reduce them

Author(s): Renata Burchart, Henryk Lelusz
Subject(s): Business Economy / Management
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: tax base; fraud in financial statements; auditor in detecting fraud; monitoring and detecting of fraud

Summary/Abstract: The publication presents many methods of skewing, falsification and friction of the balance sheet and the profit and loss account in companies. There are also ways to detect, reduce and prevent fraud in financial statements. It may be helpful to look at reports by auditors, but only in large companies. A fraudulent monitoring and detection program, called “red flags”, could be used to discourage both employees and the company’s board of directors from cheating. An internal audit may also be an effective way to prevent abuse.

  • Issue Year: 2018
  • Issue No: 503
  • Page Range: 77-88
  • Page Count: 12
  • Language: Polish