Investigation of methods of counteracting corporate fraudulence: accounting-legal approaches to the identification of abusonment

Abstract

Запропоновано створення власного агентства з фінансових розслідувань на підприємстві, його організаційну структуру, функції, етапи виявлення фактів зловживань та таблиця індикаторів зловживань. Визначено місце фальсифікації фінансової звітності у фінансовому шахрайстві. Обґрунтовано необхідність оцінки ризику фальсифікації фінансової звітності та наведено найбільш суттєві ризики шахрайства з фінансовою звітністю.

Предложено создание собственного агентства по финансовым расследованиям на предприятии, его организационная структура, функции, этапы выявления фактов злоупотреблений и таблица индикаторов злоупотреблений. Определено место фальсификации финансовой отчетности в финансовом мошенничестве. Обоснована необходимость оценки риска фальсификации финансовой отчетности и приведены наиболее существенные риски мошенничества с финансовой отчетностью.

As the study shows, an urgent issue for businesses today is the problems of corporate fraud and the counteracting measures. Despite the continuous development of internal control and audit systems, business losses from fraud in enterprises are growing every year. The risks of fraud are growing in an inefficiently controlled environment and it is not enough to use standard audit methods to detect fraud. Therefore, it is vital to study the issues related to the organization of an effective system of countering fraud. Taking into account the existing experience and world experience in counteracting this negative phenomenon, a study is conducted to establish an internal security and anti-fraud system at the enterprise and it is proposed to create the Financial Investigation Agency at the enterprise itself, which includes services: information and analytical control, internal audit, financial investigations and psychological prevention of violations. This will streamline the work of the internal security service, create and implement control procedures, redistribute the powers between the units of the enterprise at different levels. The tables of abuse indicators and the structure of the library of typical schemes of abuse in the article allow to adapt to the work of new employees of the internal audit service, regardless of their experience, reduce the risks of key business processes and improve their effectiveness; they can be used to identify, rank and assess potential risks of fraud. Research results shows that one of the departments of fraudulent activities is the department of finance and accounting and one of the types of financial fraud is the falsification of financial statements, which is extremely difficult to identify and prevent, in addition to deliberate distortions, there are distortions that are the result of conflicts of professional judgment on the application of regulations and accounting regulations. The article examines the risks that can arise from fraudulent financial reporting, and the knowledge of which will counteract this type of fraud.