جستجوی مقالات مرتبط با کلیدواژه « Restatement Of Financial Statements » در نشریات گروه « حسابداری »

Restatement of Financial Statements , which means re-presenting last year's financial information in order to correct incorrect information or increase comparability, is one of the common phenomena in Iran, which causes investors to lose confidence in the credibility and competence of management and the quality of reported profits. The purpose of this research is to present the development model of Benish fraud in companies admitted to the Tehran Stock Exchange between 2008 and 2019. The data of 265 companies were extracted using the selected and final indicators of Benish's (1999) fraud model, and neural network and genetic algorithms were also used to develop the prediction model. The results of the research indicate that based on the confusion matrix, the accuracy and efficiency of the improved Benish model with the combined algorithm of neural network and genetics in predicting unrepresented companies was 78.15%, and re-presented companies was 29.63%. . Also, the overall accuracy of the model presented with the combined algorithm of neural network and genetics was 73.21%.

Audit quality is an important part of the information disclosure system that directly affects the quality of financial reporting. Considering that in practice, the audit process of a company is the responsibility of the audit team, and also, due to the small size and partner-oriented nature of most audit institutions in Iran, examining the characteristics of Individual partners are important as people who influence the quality of auditing. For this purpose, the diversity of the individual characteristics of the audit partners, including gender, level of education, work experience, and their tenure in the institution on three factors that determine the quality of the audit, including modified audit opinions, the restatement of annual financial reports and discretionary accruals were investigated. The statistical analysis of the research was carried out based on the data extracted from 119 companies listed in the Tehran Stock Exchange, from 2017 to 2022; Also, to test the research hypotheses, multivariate regression was used. Based on the findings of this research, the diversity of the individual characteristics of the partners of audit institutions has a negative and significant effect on the modified audit opinions, the restatement of annual financial reports, and discretionary accruals. Also, in general, the diversity of the characteristics of audit institutions' partners has a positive (negative) and significant effect on the (lack of) audit quality.

The purpose of this research is to investigate the impact of re-presentation of financial statements on the inefficiency of investment through the mediation of financial constraints. This research is an applied research in terms of its nature and descriptive method and in terms of its purpose, and since in the current research the current state of the variables has been analyzed by collecting information through past information, it is in the ranks of descriptive studies. And it is included after the event. In the course of conducting this research, three hypotheses were formulated and 130 companies were selected through systematic elimination sampling for a period of 6 years between 2014 and 2019 and were analyzed in Excel software using Eviuse statistical software. The results of the hypothesis test showed that re-presentation of financial statements has a direct effect on over-investment and under-investment. And financial restrictions have a direct effect on over-investment and under-investment. Also, re-presentation of financial statements has a direct effect on under- and over-investment through the mediating role of financial restrictions.

The occurrence of mistakes in accounting is inevitable and factors such as diversity and complexity of economic issues, high volume of work, fatigue, etc. increase the possibility of mistakes. Also, due to the continuous changes that take place in the economic, social, etc. conditions, it may be necessary to make changes in accounting principles and methods in order to harmonize the business unit with the new conditions, all of which result in the re-presentation of financial statements. A subject that has received a lot of attention as a result of reporting scandals such as Enron and... The purpose of this research is to present the expanded model of Banish in companies admitted to the Tehran Stock Exchange between 2009 and 2019. Also, the data of 265 companies were used using Benish model and logit regression and genetic algorithm were also used to estimate the improvement of the prediction model. The results of the research indicate that, based on the confusion matrix, among the predictive models for re-presentation of financial statements, the accuracy and efficiency of the improved Benish model with the genetic algorithm has a total prediction accuracy of 73.21%, which has the highest predictive power in The comparison with the original Benish model and the presented model was with logit regression.

Auditors are always looking to identify factors that can be used for estimating the risk of material misstatement more accurately at the level of financial statements. In this regard, this study examined whether decisions to hire or fire the staffs that make an important part of the company's operations help to anticipate accounting misstatements and, consequently, whether this affect the timing of auditor's reporting of auditor's fee and resubmission of financial statements.The research period of 1392-1398 was considered, during which 105 companies listed on Tehran Stock Exchange (TSE) were selected as the samples and the research hypotheses were tested by using Ordinary Least-Squares (OLS) regression and binary regression. The results of testing the research hypotheses indicated that the effect of abnormal investment in the staffs on the delay in submitting the auditor's report and restatement of financial statements was not accepted, but its effect on auditor's fee was accepted. Our results showed that the auditors of the sample companies were able to correctly estimate the risk of material misstatement caused by abnormal investment in labor and other factors and plan their proceedings to cover the risk of material misstatement through proper and timely planning. The results of this study provided evidence that auditors pay attention to red flags in financial reporting when reviewing financial statements.

abstract in the literature review , restatement is one of the most outstanding indicators of low quality of financial reporting . the purpose of this study was to investigate the effect of financial knowledge and the size of the board on fraudulent reporting in the companies listed in tehran stock exchange ( tse ) . the research is done within deductive - inductive reasoning and to analyze the hypotheses , logistic regression is used . in order to collect the data , the data of the firms listed in tehran stock exchange ( tse ) have been used during the time period . the results show that the financial knowledge of the board has a significant and negative impact on fraudulent financial reporting ( restatement of financial statements arising from fraudulent financial incentives ) ; but the effect of the board size on these fraudulent financial reporting is not significant .

When firms correct the mistakes of the previous periods or change accounting procedures, they must restate their comparative financial statements. Restatement of financial statements has a negative impact on the relevance and reliability of financial information. It can lead to numerous negative consequences for investors and other stakeholders. The importance of restated financial statement justifies the efforts made to identify its determining factors. Overconfidence is one of the most important characteristics of managers that may lead to provide false financial statements. This article aims to study the effect of managerial overconfidence on the restatement of financial statements. The sample size consisted of 117 listed firms in Tehran Stock Exchange (TSE) from 2008 to 2014. Two measures based on the investment decisions of managers were employed to measure the managerial overconfidence. Since most Iranian firms restate their financial statements, this article studies the effect and severity of managerial overconfidence on restatement of financial statements. The severity of restatement is operationalized by the level of the restated net earnings. In order to achieve the objectives, two hypotheses were designed. For hypothesis testing, logistic regression and multivariate linear regression methods were employed. The results of hypothesis testing show that managerial overconfidence significantly leads to the increase in frequency and severity of restated financial statement. Findings also show that larger firm size leads to reduced restated severity.

Changes in accounting principle and accounting errors are two broad scenarios that require the restatement of prior financial statements. Of course, not all restatements reflect manipulations. However, since 1998 the frequency of financial restatements increase. This event coincides with a major move by the SEC to limit earnings manipulations, and with the Stock market crash, which flushed out many reporting dishonesties. Many of the restating firms faced securities class action lawsuits, management and auditors replacement. These results suggest that many of the restatements involved more than technical accounting issues. Restatements frequently call into question the credibility of a firm’s prior financial reports, and are often accompanied by claims of securities fraud. Restatements cause investors and other external users to re-evaluate the firm’s future earnings. Also, Restatements lead to lose confidence in the quality of reported earnings. (Frieder and Shanthikumar, 2008). In other words it is expected that low quality of reported earnings lead to financial restatement in future years. Therefore, the main objective of this study is to investigate the impact of earnings quality on restatement of listed companies in Tehran Stock Exchange (TSE). Research Hypotheses Based on the theoretical literature and the conducted studies, research hypotheses were developed as follows. H1: There is a significant relationship between earnings quality and occurrence of restatement. H2: There is a significant relationship between earnings quality and magnitude of restatement. The research methodology is a quantitative research that uses the scientific method and empirical evidence, and based on hypotheses and research designs is done. The empirical data was collected from a panel consisting of 103 Iranian companies listed in the TSE, over the seven-year period of 2004 to 2010. Magnitude of restatement is measured using the amount of net income restatement. Accruals quality, earnings predictability and earnings smoothing are selected as earnings quality proxies. Logistic and multiple linear regression analysis were conducted to test the research hypotheses. The results of the analysis of regression models show that there is a negative relationship between proxies of earnings quality (accruals quality, earnings predictability and earnings smoothing) and occurrence of restatement. But, only the relationship between accruals quality and restatement occurrence is statistically significant. Also, there is a significant negative relationship between earnings quality proxies and magnitude of restatement. The additional results of our study show that leverage not only positively influenced the occurrence of restatement, but also positively related to magnitude of restatement. In addition, profitability negatively related to restatement magnitude, but there is no relationship between profitability and occurrence of restatement. However, our results show that firm size has no relationship with restatement occurrence and magnitude.