Fraud Detection Model in Financial Statements BY Using Financial Equity Instruments

Document Type : Original Article

Authors

1 Department of Mathematic, Associate Professor at Alzahra University, Tehran, Iran

2 Department of Mathematic, Shahroud Branch, Islamic Azad University, Shahroud, Iran

10.22034/iaas.2020.128138

Abstract

In this paper, the fraud detection model in financial statements is examined by using the financial ratios tool. The purpose of the fraud detection model is to examine the financial statements using the financial instrumnet tool.
The period of this research is considered to be 1339-1394. The statistical population includes all companies accepted in Tehran Stock Exchange. The statistical sample consisted of 35 healthy companies with healthy , non fraudulent statements in the Tehran Stock Exchange, which had been listed on the Stock Exchange before 1387, and during this period, at least once in the list of the Top Vocational Companies Declared by the Stock Exchange. Research in terms of the purpose of the theoretical type and in terms of analytical-experimental methodology. In order to investigate the relationship between independent variables and dependent variable, two –way independent t-test and Mann-Whitney test as well as developed logistic regression model were used. The results of the research showed that by using the financial statements analysis of listed companies Securities can be discovered in fraudulent financial reporting. The results of the research indicate that all financial ratios include the ratio of total debt to total assets, the ratio of liquidity to current debt, the financial ratios of current assets to current debt, and the ratio of net profit to equity in determining fraud. Has an effective role.

Keywords

Accounting and Auditing Studies
Volume 9, Issue 36
January 2021
Pages 99-122

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