False Financial Early Warning System Of Listed Companies

Since 1993 the first financial fraud report was found in China, the financial fraud of the listed company can't stop even today. In fact, the problem has happened in many countries. So how to dissect the financial information of listed company and catch hold of the true information is the most important thing for stock holder. This is the purpose of the dissertation.The financial statement of the listed company includes a large amount of financial information. I drew and constructed 12 financial indexes in the financial report announced from the listed company in this dissertation, utilize describing-test and t-test, draw 5 indexes sensitive to fraudulent financial affairs , differentiate the true state of the financial affairs of the listed company through setting up LPM model and Logistic model.The result of study shows : (l)It can be distinguished out through quantitative way that the financial affairs of the listed company are false. (2)The differentiation results of LPM model and Logistic model false to the financial fraud are unanimous basically. Using then together is better...