In-Depth Understanding of Accounting base Financial Statement Fraud Detection Models

Authors

  • Ms. Yamunaben Parikh Research scholar, Department of Business Studies, Sardar Patel university, Vallabh Vidhyanagar
  • Prof. (Dr.) Kamini Shah Research Guide, Professor, Department of Business Studies, Sardar Patel University, Vallabh Vidyanagar

DOI:

https://doi.org/10.53983/ijmds.v12n08.004

Keywords:

Beneish M-score, Altman Z-score, Dechow F-score, Earning Manipulation, Financial Statement Fraud

Abstract

Financial statement fraud cases have increased rapidly during the last two decades. Early detection and prevention of fraud is needed to safeguard the interest of the investors and other stakeholders. Various fraud detection techniques are available to detect fraud such as machine learning, neural networks, data mining and artificial intelligence but there are accounting-based models are also available which also detect probable financial statement fraud using the information provided by the company in their financial reporting. This study provides a detailed understanding of accounting-based models such as Beneish M-score, Altman Z-score, and Dechow F-score which are helpful in predicting earning manipulation.

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Author Biographies

Ms. Yamunaben Parikh, Research scholar, Department of Business Studies, Sardar Patel university, Vallabh Vidhyanagar

Yamuna Parikh received her Bachelor of Commerce degree from Sardar Patel University, Vallabh Vidyanagar, Gujarat, India. She received her Master of Commerce degree from Sardar Patel University, Vallabh Vidyanagar, Gujarat, India. She cleared the Gujarat State Eligibility Test and the National Eligibility Test in the subject of commerce. She also pursuing her PhD at Sardar Patel University, Vallabh Vidyanagar, Gujarat, India.

Prof. (Dr.) Kamini Shah, Research Guide, Professor, Department of Business Studies, Sardar Patel University, Vallabh Vidyanagar

Prof. (Dr.) Kamini Shah currently working as a Dean and Professor at the Department of Business Studies, Sardar Patel University, Vallabh Vidyanagar. She has B.B.A., M.com., L.L.B. and Ph.D. degree. She has 27 Years of Teaching Experience and Industry experience of 3 Years. A total of 14 Awards were received in various research seminars/conferences/universities for research papers. Published 30 Articles in UGC Care Journals, 70 Articles in Referred and Reputed Journals, 35 Chapters in Edited Books, 2 Books Published and 4 Books Edited. 67 papers were presented in the national seminar and 21 papers were presented in the international seminar.

References

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Published

31-08-2023

How to Cite

Parikh, Y., and K. Shah. “In-Depth Understanding of Accounting Base Financial Statement Fraud Detection Models”. International Journal of Management and Development Studies, vol. 12, no. 8, Aug. 2023, pp. 26-36, doi:10.53983/ijmds.v12n08.004.

Issue

Vol. 12 No. 8 (2023): IJMDS

Section

Articles