Journal of
Accounting and Taxation

  • Abbreviation: J. Account. Taxation
  • Language: English
  • ISSN: 2141-6664
  • DOI: 10.5897/JAT
  • Start Year: 2009
  • Published Articles: 217

Full Length Research Paper

Financial ratios between fraudulent and non-fraudulent firms: Evidence from Tehran Stock Exchange

Somayyeh Hosseini Nia
  • Somayyeh Hosseini Nia
  • Department of Accounting, Shiraz University, Iran.
  • Google Scholar


  •  Received: 18 December 2014
  •  Accepted: 10 February 2015
  •  Published: 31 March 2015

References

Albrecht WS, Albrecht CC, Albrecht CO, Zimbelman MF (2009). Fraud Examination (3rd Ed). South Western, Canada.

 

Alkhatib K, Marji Q (2012). "Audit Reports Timeliness: Empirical Evidence from Jordan". Procedia-Social and Behavioral Sciences, 62: 1342-1349.
Crossref

 

Altman EI (1968). Financial ratios, discriminant analysis and the prediction of corporate bankruptcy. The J Financ., 23: 589-609.
Crossref

 

Amaechi EP, Nnanyereugo EV (2013). "Application of computed financial ratios in fraud detection modelling: a study of selected banks in Nigeria". Asian Economic and Financial Review, 3(11):1405-1418

 

American Institute of Certified Public Accountants (AICPA) (1988), Statement on Auditing Standards (SAS) No. 56: Analytical Procedures, American Institute of Certified Public Accountants, New York, NY: AICPA American Institute of Certified Public Accountants (AICPA). (2002). Consideration of fraud in a financial statement audit. Statement on auditing standards No. 99. New York, NY: AICPA.

 

Beasley MS, Carcello JV, Hermanson DR (1999). Fraudulent financial reporting 1987-1997: Trends in US public companies, an analysis of US public companies. Committee of Sponsoring Organizations of the Treadway Commission.

 

Bell TB, Carcello JV (2000). A decision aid for assessing the likelihood of fraudulent financial reporting. Auditing: A J Practice & Theory, 19(1): 169-184.

 

Beneish MD (1999). The detection of earnings manipulation. Financ. Anal. J, 55(5): 24-36.
Crossref

 

Committee of Sponsoring Organizations (COSO). (1999). Fraudulent financial reporting: 1987–1991-an analysis of US public companies. Retrieved from, http://www.coso.org.

 

Cox RAK, Weirich TR (2002). The stock market reaction to fraudulent financial reporting. Managerial Auditing Journal, 17 (7): 374-382.
Crossref

 

Dalnial H, Kamaluddin A, Sanusi ZM, Khairuddin KS (2014). Accountability in Financial Reporting: Detecting Fraudulent Firms. Procedia-Social and Behavioral Sciences, 145: 61-69.
Crossref

 

Dani RM, Dickson PP, Sembilan N (2013). "Can financial ratios explain the occurrence of fraudulent financial statements?". The 5th International Conference on Financial Criminology (ICFC) "Global Trends in Financial Crimes in the New Economies".

 

Ernst Y (2009). Driving ethical growth-new markets, new challenges, 11th Global Fraud Survey.

 

Fanning MK, Cogger KO` (1998). Neural detection of management fraud using published financial data, Int. J Intell. Syst. in Account., Financ. Manag., 7(1): 21-41.

 

Feroz E, Park KJ, Pastena V (1991). The financial and market effects of the SEC's accounting and auditing enforcement releases. Journal of Accounting Research, 29: 107-142.
Crossref

 

Grove H, Basilico E (2008). "Fraudulent Financial Reporting Detection: Key Ratios Plus Corporate Governance Factors". International Studies of Management & Organization, 38(3):10-42.
Crossref

 

Hasnan S, Rahman RA, Mahenthiran S (2013). Management motive, weak governance, earnings management, and fraudulent financial reporting: Malaysian evidence. J Int. Account. Res., 12(1):1-27.
Crossref

 

Howe MA (1999). Management Fraud and Earnings Management: Fraud versus GAAP as a Means to Increase Reported Income. Ph.D. dissertation, University of Connecticut.

 

Kalbers LP (2009). Fraudulent financial reporting, corporate governance, and ethics: 1987–2007. Rev. Account. Financ. 8 (2): 187–209.
Crossref

 

Kaminski KA, Wetzel TS, Guan L (2004). "Can financial ratios detect fraudulent financial reporting?". Manage. Auditing J, 19(1):15-28
Crossref

 

Kinney WR (1987). "Attention-directing analytical review using accounting ratios: A case study", Auditing: A J Pract. and Theory, 6(2): 59-73.

 

Kinney Jr WR, McDaniel LS (1989). Characteristics of firms correcting previously reported quarterly earnings. J account. and econ., 11(1): 71-93.
Crossref

 

Levy MM (1989). Implementing SAS 53: Detecting financial fraud within a GAAS audit. Practical Accountant, 22 (12): 52-63.

 

Loebbecke JK, Eining MM, Willingham JJ (1989). Auditors' experience with material irregularities: Frequency, nature, and detectability. Auditing: A J Pract. & Theory, 9:1–28.

 

Liu XK, Wright AM, Wu YJ (2014). Managers' Unethical Fraudulent Financial Reporting: The Effect of Control Strength and Control Framing. J Bus. Ethics, In Press.
Crossref

 

Mishra CS, Drtina R (2004). Accounting manipulations and business failures: the case for effective financial disclosure and corporate governance. The J Private Equity, 7(4): 27-35.
Crossref

 

Persons OS (1995). Using financial statement data to identify factors associated with fraudulent financial reporting. J Appl. Bus. Res., 11: 38-46.

 

Razali WAAWM, Arshad R (2014). Disclosure of Corporate Governance Structure and the Likelihood of Fraudulent Financial Reporting. Procedia-Social and Behavioral Sciences, 145: 243-253.
Crossref

 

Spathis C (2002). Detecting false financial statements using published data: some evidence from Greece. Manage. Auditing J, 17: 179-191.
Crossref

 

Summer SL, Sweeney JT (1998). Fraudulently misstated financial statements and insider trading: an empirical analysis. Account. Rev. 73(1):131-146.

 

Thornhill WT (1995). Forensic Accounting-How to Investigate Financial Fraud. New York: Richard D. Irwin, Inc.

 

Wheeler S, Kurt P (1996). Assessing the performance of analytical procedures: A best case scenario. Account. Rev. 65(3): 557-577.