Detail publikace

Employing Creative Accounting Methods – Motivations, Risks, and Identification

PĚTA, J. SRBOVÁ, P.

Originální název

Employing Creative Accounting Methods – Motivations, Risks, and Identification

Typ

článek ve sborníku mimo WoS a Scopus

Jazyk

angličtina

Originální abstrakt

Financial statements are an important source of information about a company for external users. Based on this information, many decisions are made, such as whether to buy the company or to provide a loan. Knowing this, company representatives may modify financial statement data using the creative accounting techniques. The reason is to improve the company's image in terms of meeting economic criteria or increasing the company's profitability. Several European studies report that up to 90% of companies present inaccurate information in their financial statements. Researchers use mathematical models (mainly the Beneish M-score model) to identify this tendency. Investments in such companies run the risk of failing to achieve the planned economic value or, in the worst case, of a complete devaluation of the investment, i.e. in case of bankruptcy of the company.

Klíčová slova

Creative accounting, Beneish model, risk, value of company

Autoři

PĚTA, J.; SRBOVÁ, P.

Vydáno

10. 9. 2024

ISBN

978-80-248-4760-3

Kniha

Managing and Modelling of Financial Risks

Edice

12

Strany od

58

Strany do

66

Strany počet

8

URL

https://www.ekf.vsb.cz/mmfr/en/proceedings/

BibTex

@inproceedings{BUT189546,
  author="Jan {Pěta} and Pavla {Srbová}",
  title="Employing Creative Accounting Methods – Motivations, Risks, and Identification",
  booktitle="Managing and Modelling of Financial Risks",
  year="2024",
  series="12",
  pages="58--66",
  doi="10.31490/9788024847603",
  isbn="978-80-248-4760-3",
  url="https://www.ekf.vsb.cz/mmfr/en/proceedings/"
}