SHS Web of Conf.
Volume 94, 2021Sustainable Development of Regions 2020 – XVI International Scientific and Practical Conference “State. Politics. Society”
|Number of page(s)||8|
|Section||Political and Historical Sciences|
|Published online||12 January 2021|
Fraud transactions revealing as phase of financial analysis in Forensic Economic Examination
1 Ivanovo state University of chemistry and technology, Sheremetev avenue, 7, 153000, Ivanovo, Russia
2 National Research University Higher School of Economics, Myasnitskaya Str., 20, 101000, Moscow, Russia
* Corresponding author: email@example.com
The scientific research study is about financial methodology analysis improving in the framework of forensic economic examination. The objective bankruptcy date is one of the issues within the forensic examination. The authors propose to supplement the classical financial analysis with a special section, which analyzes transactions for compliance with market conditions, identifies schematic and fictitious transactions, and also determines the degree of their impact on the occurrence of property insufficiency and signs of bankruptcy. The author's classification of possible schematic transactions, as well as methods for establishing the fact of compliance with the market situation are proposed. As the criterion for the maximum permissible deviations of transaction values from market values, it is proposed to use a value in an amount not exceeding the change in values by more than two times. The technical assets identified as a result of fictitious transactions are proposed to be deducted from the market value of assets when calculating the net assets of the organization, which will allow the most correct determination of the objective bankruptcy date.
© The Authors, published by EDP Sciences, 2021
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