The Power of Ratios in Detecting Fraudulent Financial Reporting


27,45 €

28,90 €


Frais d'envoi limités à 4,90 € pour la France métropolitaine quel que soit le nombre d'articles. Délai de livraison : 2 à 5 jours.
Livraison dans le monde entier.

Cooked Books and Financial Reports Forensic Detection Mechanics: The Case of Saccos in Kenya

In recent years the world has experienced financial crisis and as a result commercial institutions and co-operatives have been facing varying levels of lower performance.

With this fluctuating economic performance financial institutions and SACCOs, especially in Africa have shown low resilience to this crisis.

Thus the non-resilience when looked at under the managers-utility cum shareholders' profits maximization structure; it increases the incentive of managers to expropriate resources from the shareholders while keeping their dividends high.

Such scenario is only possible in real world through creative accounting.

This book therefore provides forensic ways and means of detecting ‘‘cooked books and baked ledgers’’, using stepwise regression statistical models.

It also provides evidence on how to detect earnings smoothing in organizations especially in SACCOs through correlation of accruals and cash flow ratios.

The analyses in this book should be precisely helpful to Practitioners, Regulators, Academics, and Investors.

Plus de détails

Envoi en courrier suivi.
Livraison sous 2 à 4 jours en France et dans le monde entier.
Programme de fidélité
Votre panier totalisera 2 points fidélité vous offrant lors de votre prochain achat une réduction de 1,00 €
Avis clients
Soyez le premier à partager votre avis sur ce produit