Fraudulent Financial Statements and Early Warning Indicators – U.S.A. Company

• Main Authors: Yi-Chun Kuo, 郭怡君
• Other Authors: 吳琮璠
• Format: Others
• Language: en_US
• Published: 2012
• Online Access: http://ndltd.ncl.edu.tw/handle/prc9vz

碩士 === 國立臺灣大學 === 會計學研究所 === 100 === The purpose of the study is to discover the association between financial statements fraud and early warning indicators. The sample of firms who were subject to SEC enforcement action for overstating earnings was collected to determine if these firms were more likely to utilize accrual items to reach specific financial goals. The scope of the Accounting and Auditing Enforcement Releases (AAERs), which I chose, was issued between 2007 and 2011. Then COMPUSTAT was used to locate financial information. The results of the study reveal that there is a high and positive correlation between accrual quality items and misstating firms. In addition, the misstatement of revenues, misstatement of receivables, and misstatement of liabilities were the most three common types of overstatement of earnings.