A framework for detecting financial statement fraud through multiple data sources

This project deals with how to detect fraud and non-compliance in financial statements in the present day in one of the biggest economies in the world, the U.S. Since it is mainly public companies that release detailed financial infor-mation, they are the focus. This project focuses on the top five...

Full description

Bibliographic Details
Main Authors: Dillon, Darshan, Hadzic, Maja
Other Authors: Okyay Kaynak
Format: Conference Paper
Published: IEEE 2009
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/14389
_version_ 1848748610038005760
author Dillon, Darshan
Hadzic, Maja
author2 Okyay Kaynak
author_facet Okyay Kaynak
Dillon, Darshan
Hadzic, Maja
author_sort Dillon, Darshan
building Curtin Institutional Repository
collection Online Access
description This project deals with how to detect fraud and non-compliance in financial statements in the present day in one of the biggest economies in the world, the U.S. Since it is mainly public companies that release detailed financial infor-mation, they are the focus. This project focuses on the top five market sectors where fraud is most common. It focuses on a variety of fraud types, but not on cases of deception that do not constitute fraud. A framework will be proposed which ac-counts for both structured data (the numbers in the balance sheet, income statement and cash flow statement) and unstruc-tured data (the footnotes in these financial statements). It uses ontology-driven data mining techniques to do so.
first_indexed 2025-11-14T07:07:46Z
format Conference Paper
id curtin-20.500.11937-14389
institution Curtin University Malaysia
institution_category Local University
last_indexed 2025-11-14T07:07:46Z
publishDate 2009
publisher IEEE
recordtype eprints
repository_type Digital Repository
spelling curtin-20.500.11937-143892022-12-09T05:23:42Z A framework for detecting financial statement fraud through multiple data sources Dillon, Darshan Hadzic, Maja Okyay Kaynak Mukesh Mohania data mining public companies revenue recognition ontology financial statement fraud This project deals with how to detect fraud and non-compliance in financial statements in the present day in one of the biggest economies in the world, the U.S. Since it is mainly public companies that release detailed financial infor-mation, they are the focus. This project focuses on the top five market sectors where fraud is most common. It focuses on a variety of fraud types, but not on cases of deception that do not constitute fraud. A framework will be proposed which ac-counts for both structured data (the numbers in the balance sheet, income statement and cash flow statement) and unstruc-tured data (the footnotes in these financial statements). It uses ontology-driven data mining techniques to do so. 2009 Conference Paper http://hdl.handle.net/20.500.11937/14389 IEEE fulltext
spellingShingle data mining
public companies
revenue recognition
ontology
financial statement fraud
Dillon, Darshan
Hadzic, Maja
A framework for detecting financial statement fraud through multiple data sources
title A framework for detecting financial statement fraud through multiple data sources
title_full A framework for detecting financial statement fraud through multiple data sources
title_fullStr A framework for detecting financial statement fraud through multiple data sources
title_full_unstemmed A framework for detecting financial statement fraud through multiple data sources
title_short A framework for detecting financial statement fraud through multiple data sources
title_sort framework for detecting financial statement fraud through multiple data sources
topic data mining
public companies
revenue recognition
ontology
financial statement fraud
url http://hdl.handle.net/20.500.11937/14389