Detectarea elementelor de cosmetizare a situațiilor financiare utilizând modelele analitice
Detecting the Elements for Cosmeticizing the Financial Statements Using Analytical Models
Author(s): Valentin Burcă, Oana BogdanSubject(s): Economy, Accounting - Business Administration
Published by: Corpul Experților Contabili și Contabililor Autorizați din România (CECCAR)
Keywords: financial reporting; fraud; financial ratios; Beneish M-Score;
Summary/Abstract: Throughout the last three decades, the published literature has been drawing attention towards the ongoing deterioration of the quality of the summary financial statements published by the economic entities. Nevertheless, the financial statements provide conclusive information regarding the companies’ fraud potential. In this article, we aim to illustrate the utility of analytical models for fraud risk assessment by leveraging the information presented in the financial statements. These analytical procedures are even more useful in the current environment of the COVID-19 pandemic.
Journal: CECCAR Business Review
- Issue Year: 2/2021
- Issue No: 05
- Page Range: 3-14
- Page Count: 12
- Language: English, Romanian