تشخیص گزارشگری مالی تقلبی
Abstract
1-Introduction
2-Theoretical background
3-Empirical research of fraudulent financial reporting – evidence from Croatia
4-Conclusion
References
Abstract
This research examines the roles and the responsibilities of the key stakeholders of the financial reporting in the prevention and detection of fraud. The methods used and types of transactions most vulnerable to fraudulent financial reporting are examined. For the need of the empirical part of the paper, the questionnaire survey was conducted. The respondents, external auditors, evaluated how often they encounter circumstances indicating the possibility of fraud. In accordance with the conducted research the most common technique used to fraudulent financial reporting involved overstatement of assets.
Introduction
All over the world organizations face the problem of fraudulent activities, which can take many forms. Due to numerous accounting scandals, confidence in the reliability and the objectivity of the financial statements of interested parties has been significantly reduced. Management, boards of directors, audit committees, external auditors and internal auditors have a significant role in ensuring the reliable financial reporting. In this paper the roles and responsibilities of these key stakeholders in the prevention and detection of fraudulent financial reporting in the companies is examined. This paper offers a description of some main characteristics of the fraud and explains the most commonly used classifications of fraud. Most academic studies are conducted on external fraud (Jans et al.,2009, p.1). Thus, taking into account the deficiency of research in the field of internal fraud and the need for such research, this paper is concentrated on the fraudulent activities, such as fraudulent financial reporting and asset misappropriations, committed by the employees of the company. In addition, the purpose of this paper was to gather information on types of the transactions that are the most vulnerable to the fraudulent financial reporting, which is done through a review of existing research and conducted empirical research in Croatian companies. For the needs of the empirical part of the paper, a questionnaire survey was conducted. The sample of subjects consisted of external auditors, who were asked to provide information on the fraud cases familiar to them. The respondents also evaluated how often they encounter circumstances indicating the possibility of fraud.