Open AccessFiscal And Accounting Fraud Risk Detection Using Beneish Model. A Romanian Case Study
Author(s) -
Cristina Timofte,
Marian Socoliuc,
Veronica Grosu,
Dan-Andrei Coca
Publication year - 2021
Publication title -
international journal of business and society
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.236
H-Index - 15
ISSN - 1511-6670
DOI - 10.33736/ijbs.3176.2021
Subject(s) - taxpayer , due diligence , accounting , romanian , audit , business , accounting information system , tax evasion , economics , finance , macroeconomics , public economics , linguistics , philosophy
The manipulation of the accounting and fiscal information is currently a much debated reality that occurs throughout economies and societies all over the world. The main purpose of this paper is focused on shaping and obtaining a model that can detect fraud/tax evasion risk, that could be useful both to fiscal authorities as part of the risk assessment analysis regarding the taxpayer behavior, and to auditors and even to entities from the private sector in the due diligence phase, when selecting potential business partners. The study focuses on regional data from the North-Eastern part of Romania. The main finding is that such a model should include financial, fiscal and nonfinancial variables.