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The Comparative Analysis System Of Financial Data In The Public Companies Of China

Posted on:2006-09-15Degree:MasterType:Thesis
Country:ChinaCandidate:B XuFull Text:PDF
GTID:2179360182983662Subject:Industrial Engineering
Abstract/Summary:PDF Full Text Request
The research is trying to build a preliminaryindustry-based horizontal comparative analysis system todetect financial irregularities with public data for the publiccompanies of China from the perspective of the supervisionpractice. Following is the fundamental analytical procedure:calculating the financial irregularities utilities for thenon-financial public companies using utility function based onindustry grouped comparing to decide the extent and status offinancial irregularities of individual company by cutoffirregularities utilities with respect to the characteristicsof fraudulence confirmed and fraudulence suspected samplecompanies of China public companies. Although there are somedrawback because of data and other reasons,the result indicatesthat the framework built as above has some capability to detectfinancial manipulation for the public companies of China.According the research of this report, we try to dosomething in the detection system developing: (1)The accuracyof financial data should be assured;(2)Some special data shouldbe included the future database;(3)Further optimization andtrial run are needed;(4)Industry-specific financial indicatorcan be developed;(5)And ideally,the future detection systemshould be open enough to allow the changes and adjustment inpractice and for the field practitioner in the supervision.
Keywords/Search Tags:utility function, Utilities of Abnormalities, Financial Fraud
PDF Full Text Request
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