Financial statement fraud in Europe
Autor(a) principal: | |
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Data de Publicação: | 2018 |
Tipo de documento: | Dissertação |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10071/19737 |
Resumo: | In recent years, more and more fraud cases have been detected in large companies, which undermined the confidence of the markets. However, although this is a reality, the study of the subject in Europe continues to be quite scarce. Therefore, despite an increase in regulatory capacity, a greater focus on the subject in recent years and a growing awareness of the effects of this type of action, there are still few effective prevention tools at the community level. In addition, there are few guiding traits for agents with a central role not in their identification but prevention, the financial auditors. The purpose of this dissertation is to fill this gap in the research on fraud in Europe. Through the study of cases of accounting fraud duly identified by the various European agencies for having incurred in misleading accounting, the indicators that best explain the fraud event in Europe were identified, reaching a total explained variance of 90.5%. In sum, the identified indicators are financial ratios such as the proportion of firm liabilities to total assets, a measure of the days that the entity needs to meet its debts with third parties, a measure of changes in net income, and the size of the auditor firm. Thus, the most significant variables that explain the phenomenon of Financial Statement Fraud in Europe are measures of financial leverage, performance, and financial risk |
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Financial statement fraud in EuropeAccounting fraudForensic accountingFraud preventionEuropeFraude contabilísticaContabilidade forensePrevenção de fraudeEuropaIn recent years, more and more fraud cases have been detected in large companies, which undermined the confidence of the markets. However, although this is a reality, the study of the subject in Europe continues to be quite scarce. Therefore, despite an increase in regulatory capacity, a greater focus on the subject in recent years and a growing awareness of the effects of this type of action, there are still few effective prevention tools at the community level. In addition, there are few guiding traits for agents with a central role not in their identification but prevention, the financial auditors. The purpose of this dissertation is to fill this gap in the research on fraud in Europe. Through the study of cases of accounting fraud duly identified by the various European agencies for having incurred in misleading accounting, the indicators that best explain the fraud event in Europe were identified, reaching a total explained variance of 90.5%. In sum, the identified indicators are financial ratios such as the proportion of firm liabilities to total assets, a measure of the days that the entity needs to meet its debts with third parties, a measure of changes in net income, and the size of the auditor firm. Thus, the most significant variables that explain the phenomenon of Financial Statement Fraud in Europe are measures of financial leverage, performance, and financial riskNos últimos anos são cada vez mais os casos de fraude detetados em grandes empresas o que tem vindo a abalar a confiança dos mercados. No entanto, apesar de esta ser uma realidade, o estudo da temática na europa continua a ser bastante escasso. Assim sendo, apesar de um aumento na capacidade de regulação, do maior enfoque na temática nos últimos anos e de haver uma crescente consciencialização para os efeitos que advêm deste tipo de atos, são ainda poucas as ferramentas efetivas de prevenção a nível comunitário. Além disso, são poucos os traços diretores para os agentes com um papel fulcral não na sua identificação mas prevenção, os auditores financeiros. O objetivo da presente dissertação é de preencher esta lacuna existente na investigação sobre fraude na europa. Através do estudo de casos de fraude contabilística devidamente identificados pelas diversas agências europeias por terem incorrido em ilegalidades a nível de contabilidade enganosa, foram identificados os indicadores que melhor explicam o evento de fraude na europa, atingindo um total de variância explicada de 90,5%. Em suma, os indicadores identificados são rácios financeiros como a proporção dos passivos da empresa relativamente aos ativos da mesma, uma medida dos dias que a entidade necessita para fazer face às suas dividas a terceiros, uma medida de mudanças no rendimento liquido e, ainda, o tamanho da empresa auditora da respetiva entidade. Assim sendo, as variáveis mais significativas que explicam o fenómeno de Fraude Contabilística na Europa são medidas de alavancagem financeira, desempenho, e risco financeiro.2020-01-29T13:03:34Z2018-12-05T00:00:00Z2018-12-052018-05info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfapplication/octet-streamhttp://hdl.handle.net/10071/19737TID:202188523engCampos, Joana Filipa Almeidainfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-09T17:44:47Zoai:repositorio.iscte-iul.pt:10071/19737Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:21:18.004112Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Financial statement fraud in Europe |
title |
Financial statement fraud in Europe |
spellingShingle |
Financial statement fraud in Europe Campos, Joana Filipa Almeida Accounting fraud Forensic accounting Fraud prevention Europe Fraude contabilística Contabilidade forense Prevenção de fraude Europa |
title_short |
Financial statement fraud in Europe |
title_full |
Financial statement fraud in Europe |
title_fullStr |
Financial statement fraud in Europe |
title_full_unstemmed |
Financial statement fraud in Europe |
title_sort |
Financial statement fraud in Europe |
author |
Campos, Joana Filipa Almeida |
author_facet |
Campos, Joana Filipa Almeida |
author_role |
author |
dc.contributor.author.fl_str_mv |
Campos, Joana Filipa Almeida |
dc.subject.por.fl_str_mv |
Accounting fraud Forensic accounting Fraud prevention Europe Fraude contabilística Contabilidade forense Prevenção de fraude Europa |
topic |
Accounting fraud Forensic accounting Fraud prevention Europe Fraude contabilística Contabilidade forense Prevenção de fraude Europa |
description |
In recent years, more and more fraud cases have been detected in large companies, which undermined the confidence of the markets. However, although this is a reality, the study of the subject in Europe continues to be quite scarce. Therefore, despite an increase in regulatory capacity, a greater focus on the subject in recent years and a growing awareness of the effects of this type of action, there are still few effective prevention tools at the community level. In addition, there are few guiding traits for agents with a central role not in their identification but prevention, the financial auditors. The purpose of this dissertation is to fill this gap in the research on fraud in Europe. Through the study of cases of accounting fraud duly identified by the various European agencies for having incurred in misleading accounting, the indicators that best explain the fraud event in Europe were identified, reaching a total explained variance of 90.5%. In sum, the identified indicators are financial ratios such as the proportion of firm liabilities to total assets, a measure of the days that the entity needs to meet its debts with third parties, a measure of changes in net income, and the size of the auditor firm. Thus, the most significant variables that explain the phenomenon of Financial Statement Fraud in Europe are measures of financial leverage, performance, and financial risk |
publishDate |
2018 |
dc.date.none.fl_str_mv |
2018-12-05T00:00:00Z 2018-12-05 2018-05 2020-01-29T13:03:34Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/masterThesis |
format |
masterThesis |
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publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10071/19737 TID:202188523 |
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http://hdl.handle.net/10071/19737 |
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TID:202188523 |
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eng |
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eng |
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openAccess |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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