The recent financial crisis that began in 2007, also known as the Global Financial Crisis, had a huge influence on the financial situations of enterprises and financial institutions around the world. The situation on world stock markets was also strongly affected by the crisis. As the behavior...

The quality of corporate financial reporting has long been the interests of financial reporting users, such as investors, financial analysts, and regulators. Comparability is a key qualitative characteristic of accounting information that facilitates the comparison of financial statements....

The financial statement fraud (FSF) is known as accounting fraud, management fraud, or fraudulent financial reporting (FFR). It takes place when the financial statements (reporting) contains an intentional misrepresentation or omission of material facts (amount, disclosure, or evidence) to...

The fraud occurred in three different ways: lack of awareness of acting fraudulently (by error), awareness of acting fraudulently coupled with rationalization to avoid negative affect or emotion (individual's intuition support committing a fraud), or awareness of acting fraudulently coupled with...

The proposed approach to the development of gross value added indicator for Gazprom Group* on the basis of consolidated financial statement data is an example of practical solution to the complex of methodological and technical problems related to the harmonization of indicators, developed in...

"Big data" and "visual displays" are currently hot topics in accounting. We present a way of depicting weekly financial statement data in a user-friendly format, using the sparkline feature in Excel. By embedding sparklines in traditional income statements, balance sheets and cash flow...

The new taxonomy 2014-11-17 mandates Italian unlisted companies to codify in XBRL also the notes to the financial statements. Building on previous literature, the aim of this study is to analyze the impact of mandatory XBRL extension to the financial statements notes on financial reporting...

This paper aims at making financial analysis of a sugar entity in terms of liquidity, solvency, operational efficiency and profitability. Management practices with professional approach tend to improve the financial performance of sugar factories by implementing some innovative practices to...

With a sample of 91 small Turkish firms, this study examines the factors that affect the use of financial statements, and the important information they contain, to make decisions. A principal components analysis identifies three key variables that determine the use of financial statements:...

This study investigates the efficacy of a fundamental analysis-based approach to screen U.S. bank stocks. We construct an index (BSCORE) based on fourteen bank–specific valuation signal. We document a positive association between BSCORE and future profitability changes, as well as current and...