Home  Journals  International Accounting  32(230) - 2012 August

Motives and methods of identifying deliberate understatement of profits as a form of fraud in financial statements

Available online: 23 August 2012

Subject Heading: PROBLEMS. VIEWS. DECISIONS

JEL Classification: 

In the article one of difficult types of manipulation by financial statements - intended understating of revenue in the current reporting period for the purpose of display more attractive financial position, results and various factors in the long-term period on the basis of which can be made investment and financial decisions is considered. The problems connected with detection of these frauds, and key indicators to which it is necessary to pay attention at adoption of administrative decisions are revealed.

Keywords: financial statements, financial statements audit, fraud, derivatives, IAS/IFRS

View all articles of issue

ISSN 2311-9381 (Online)
ISSN 2073-5081 (Print)

Journal current issue

Vol. 27, Iss. 4 April 2024

Archive