Formation of tools for detecting and preventing falsification of financial statements

Abstract

The scientific article is devoted to one of the actual and significant problems of the accounting and reporting system - falsification of reports. The financial statements of companies, as the main recognized information channel of interaction between business and society, are not perfect at all. It is determined that financial statements are intended primarily for external users who, based on the results of the analysis, make decisions on certain management issues. Information from external reporting allows not only to determine the level of financial well-being of an organization, but also to describe the dynamics of its activities, identify trends and predict the development of financial situations in the future. The authors note that the quality of management decisions made by external users primarily depends on the reliability and reliability of the information disclosed in the financial statements of organizations, that is, on the degree of transparency. Thus, in today's conditions, the reliability of financial reports as the main information source of the company's activities becomes of particular importance, falsification is a real risk of loss of the quality of reports. The article examines the economic nature of falsification of financial statements, considers ways to detect falsification of financial statements and offers tools for detecting and preventing falsification of financial statements of a company.