Wykorzystanie bilansowej wyceny na potrzeby oszukańczej sprawozdawczości finansowej

Abstract

The subject of this article is fraudulent financial reporting. The purpose of the publica­tion is to indicate the main principles and methods of valuation applied in accounting, which could facilitate the fraud of financial statements. Literary studies were carried out. The financial data from the cash flow statement and from the profit and loss account of a randomly selected company were compared. It turned out that the differences between these values are getting bigger and bigger. This is mainly due to the introduction of estimates (including fair value) of the balance sheet components into the accounting rules. According to the author, such estimates could facilitate manipulation of financial performance and could contribute to an increase of fraud.

Keywords

• creative accounting
• financial fraud
• financial statements