Auditing: A Journal of Practice & Theory Vol. 30‚ No. 2 May 2011 pp. 19–50 American Accounting Association DOI: 10.2308/ajpt-50009 Financial Statement Fraud Detection: An Analysis of Statistical and Machine Learning Algorithms Johan Perols SUMMARY: This study compares the performance of six popular statistical and machine learning models in detecting financial statement fraud under different assumptions of misclassification costs and ratios of fraud firms to nonfraud firms. The results show‚ somewhat
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ASSESSMENT OF FINANCIAL STATEMENTS Assessment of Financial Statements Judith A Vicks FIN7014-8: Managing Financial Institutions Dr. Ekanayake: Northcentral University June 23‚ 2013 ASSESSMENT OF FINANCIAL STATEMENTS Abstract It is important to understand the differences in how earnings and liabilities are generated or reported for different financial institutions. This paper will describe key points regarding the balance sheets of different financial institutions. Commercial
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Topic: How to motivate an employee in a workplace In today’s world managers face challenge in making employees perform his or her task efficiently. Employee satisfaction is utmost important in successful completion of work in an organization. For job satisfaction apart from monetary value job motivation is important. Each person has different motivation for working. Some people work for money‚ some work for recognition and some may work since they have passion towards they do. However whatever
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Financial Ratios are useful indicators of how a company can show their performance measures and financial situation. These ratios are calculated by the information that is obtained from the financial statements of the business. These ratios can help analyze trends and compare the business financials to those of other like companies. Sometimes ratio analysis can predict future bankruptcy. These ratios can be shown as the following: Liquidity‚ financial leverage‚ asset turnover ‚ profitability
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Resource: Appendix A Review the financial statements in Appendix D. Calculate the following: Current ratio‚ long-term solvency ratio‚ contribution ratio‚ programs and expense ratio‚ general and management and expense ratio‚ fund-raising and expense ratio‚ and revenue and expense ratio for the years 2003 and 2004. Include the current ratio‚ long-term solvency ratio‚ contribution ratio‚ programs and expense ratio‚ general and management and expense ratio‚ fund-raising and expense ratio
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Analyzing Financial Statements December 16‚ 2012 Regina Campbell Calculate the following: Current ratio‚ long-term solvency ratio‚ contribution ratio‚ programs and expense ratio‚ general and management and expense ratio‚ fund-raising and expense ratio‚ and revenue and expense ratio for the years 2003 and 2004. 2003 2004 Current Ratio: .87 .90 Long Term Solvency Ratio:
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How to retain employees: a high turnover rate is costly in both direct and indirect costs. By Shehan‚ Tom Publication: Detroiter Date: Saturday‚ January 1 2005 You are viewing page 1 Many owners of businesses with high employee turnover find themselves running in place instead of growing their companies. As the economy improves‚ more employers are facing this issue because employees are shopping around their resumes in hopes of landing better positions. In fact‚ 83 percent of employees surveyed
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How to Motivate Employees BUS 201 Principles of Management Prof Brittney Davis By Alesia Smith March 18‚ 2013 How to Motivate Employees The typical employee needs to be able to provide for their family as well as have job security. At the same time an employee needs to have social interaction with in the work places as well as feel good about his or her self and have respect from others in the work place. Employees want to know that manages realize their full potential in the work place
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FINANCIAL STATEMENTS AND CASH FLOW 1. Liquidity measures how quickly and easily an asset can be converted to cash without significant loss in value. It’s desirable for firms to have high liquidity so that they have a large factor of safety in meeting short-term creditor demands. However‚ since liquidity also has an opportunity cost associated with it - namely that higher returns can generally be found by investing the cash into productive assets - low liquidity levels are also desirable to the
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How to Manage Employees The competition between the enterprises in the final analysis is competition. How to effectively stimulate the enthusiasm of employees‚ make employees more loyal to the enterprise‚ to finish the work? The competition between the enterprises in the final analysis is competition. How to effectively stimulate the enthusiasm of employees‚ make employees more loyal to the enterprise‚ to finish the work‚ is each enterprise leaders and often pointless to solve a problem. A‚ focusing
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