STAKEHOLDER APPROACH TO IDENTIFYING THE FACTS OF MANIPULATION

Every day in the country a lot of financial decisions are made, which are based on financial information. The main source of such information is the data of accounting (financial) statements. However, many companies operate on the basis of the strategy of opportunism, benefit from artificially created information asymmetry. Companies can influence decisions made by banks, investors, rating agencies, counterparties and other economic actors, by deliberately misleading users of reporting. Data can be distorted by techniques such as veiling, manipulation and fraud. The most difficult to detect is manipulation. There are foreign methods for revealing the facts of manipulation, but because of the specifics of reporting by Russian companies, these methods do not reflect the actual state of the problem and can often not be applied. One of the indicators that give freedom of action is profit. After analyzing the calculated indicators, it was confirmed the possibility of ordering various strategies of manipulation with the help of the accrual coefficients. The article proposes a methodology for revealing not only the facts, but also the directions of manipulating the data of the accounting (financial) statements. The directions of manipulation are revealed depending on different groups of stakeholders, this approach makes it possible to determine the stage at which manipulation occurs. The approach is based on the application of the data clustering algorithm, which allows you to abstract from a specific company, evaluate the entire industry and identify the industry’s core manipulation. Complex testing of the hypothesis and approbation of the methodology was carried out on the basis of reporting data of construction companies, and in the future can be applied to any field of activity.

manipulation, veiling, fraud, stakeholders, accrual rate, directions of manipulation, clustering, normal distribution, schemes of tax optimization, attraction of investments.

Tyuzhina M. S., Alexeev M. A. Sstakeholder approach to identifying the facts of manipulation // Business. Education. Law. 2018. No. 3 (44). P. 98–106. DOI: 10.25683/VOLBI.2018.44.350.