Threat of bankruptcy and the integrity of financial statement
Financial statement fraud involves the manipulation of financial accounts by overstating assets, sales and profit, understating liabilities and expenses.One of the causes of financial statement fraud is due to threat of bankruptcy. This study explores the effectiveness of Altman Z-Score in predictin...
| Main Authors: | , , |
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
2016
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/20801/1/ICAS%202016%20134-142.pdf |
| _version_ | 1803627971516301312 |
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| author | Omar, Normah Johar, Zulaikha Amirah Hasnan, Suhaily |
| author_facet | Omar, Normah Johar, Zulaikha Amirah Hasnan, Suhaily |
| author_sort | Omar, Normah |
| collection | UUM |
| description | Financial statement fraud involves the manipulation of financial accounts by overstating assets, sales and profit, understating liabilities and expenses.One of the causes of financial statement fraud is due to threat of bankruptcy. This study explores the effectiveness of Altman Z-Score in predicting the occurrence of financial statement fraud.This study makes a comparison between non-fraudulent companies and fraudulent companies.The sample of non-fraudulent companies is selected from small market capitalization companies in Malaysia.Meanwhile, the sample for fraudulent companies is selected from companies which were charged by the Securities Commission for falsifying financial statements.The result shows that fraudulent companies display sign of bankruptcy before it is charged with falsification of financial statement fraud. |
| first_indexed | 2024-07-04T06:14:32Z |
| format | Conference or Workshop Item |
| id | uum-20801 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T06:14:32Z |
| publishDate | 2016 |
| record_format | dspace |
| spelling | uum-208012017-02-01T01:55:51Z https://repo.uum.edu.my/id/eprint/20801/ Threat of bankruptcy and the integrity of financial statement Omar, Normah Johar, Zulaikha Amirah Hasnan, Suhaily HF5601 Accounting Financial statement fraud involves the manipulation of financial accounts by overstating assets, sales and profit, understating liabilities and expenses.One of the causes of financial statement fraud is due to threat of bankruptcy. This study explores the effectiveness of Altman Z-Score in predicting the occurrence of financial statement fraud.This study makes a comparison between non-fraudulent companies and fraudulent companies.The sample of non-fraudulent companies is selected from small market capitalization companies in Malaysia.Meanwhile, the sample for fraudulent companies is selected from companies which were charged by the Securities Commission for falsifying financial statements.The result shows that fraudulent companies display sign of bankruptcy before it is charged with falsification of financial statement fraud. 2016 Conference or Workshop Item PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/20801/1/ICAS%202016%20134-142.pdf Omar, Normah and Johar, Zulaikha Amirah and Hasnan, Suhaily (2016) Threat of bankruptcy and the integrity of financial statement. In: International Conference on Accounting Studies (ICAS) 2016, 15-18 August 2016, Langkawi, Kedah, Malaysia. http://icas.my/index.php/proceedings/178-threat-of-bankruptcy-and-the-integrity-of-financial-statement |
| spellingShingle | HF5601 Accounting Omar, Normah Johar, Zulaikha Amirah Hasnan, Suhaily Threat of bankruptcy and the integrity of financial statement |
| title | Threat of bankruptcy and the integrity of financial statement |
| title_full | Threat of bankruptcy and the integrity of financial statement |
| title_fullStr | Threat of bankruptcy and the integrity of financial statement |
| title_full_unstemmed | Threat of bankruptcy and the integrity of financial statement |
| title_short | Threat of bankruptcy and the integrity of financial statement |
| title_sort | threat of bankruptcy and the integrity of financial statement |
| topic | HF5601 Accounting |
| url | https://repo.uum.edu.my/id/eprint/20801/1/ICAS%202016%20134-142.pdf |
| work_keys_str_mv | AT omarnormah threatofbankruptcyandtheintegrityoffinancialstatement AT joharzulaikhaamirah threatofbankruptcyandtheintegrityoffinancialstatement AT hasnansuhaily threatofbankruptcyandtheintegrityoffinancialstatement |