Abstract:
The scientific article is devoted to one of the actual and significant problems of the
accounting and reporting system - falsification of reports. The financial statements of companies,
as the main recognized information channel of interaction between business and society, are not
perfect at all. It is determined that financial statements are intended primarily for external users
who, based on the results of the analysis, make decisions on certain management issues.
Information from external reporting allows not only to determine the level of financial well-being
of an organization, but also to describe the dynamics of its activities, identify trends and predict
the development of financial situations in the future. The authors note that the quality of
management decisions made by external users primarily depends on the reliability and reliability
of the information disclosed in the financial statements of organizations, that is, on the degree of
transparency. Thus, in today's conditions, the reliability of financial reports as the main
information source of the company's activities becomes of particular importance, falsification is a
real risk of loss of the quality of reports. The article examines the economic nature of falsification of
financial statements, considers ways to detect falsification of financial statements and offers tools
for detecting and preventing falsification of financial statements of a company.
