European Journal of Economics, Finance and Administrative Sciences 59(4), pp. 37-52.
ISSN/ISBN: Not available at this time. DOI: Not available at this time.
Abstract: This paper investigate the occurence of earnings management by applying Benford's Law in selected accounts. We find that some numbers are manipulated in third and fourth digits of the selected accounts. However, we find no evidence that managers engaged to manage earnings upward (downward); because, we did not observe high(low) significance freguency of number zero and low (high) significance of number nine in second, third, fourth digits of net profit, sales revenues and we did not observe high (low) significance freguency of number nine and low (high) significance of number zero in second, third, fourth digits of cost of goods sold and operating expenses.
Bibtex:
@article{,
author = {Çiğdem Özarı and Ocak, Murat},
year = {2013},
month = {01},
pages = {37-52},
title = {Detection of Earnings Management by Applying Benford's Law in Selected Accounts: Evidence From Quarterly Financial Statements of Turkish Public Companies},
volume = {59},
journal = {European Journal of Economics, Finance and Administrative Sciences}
}
Reference Type: Journal Article
Subject Area(s): Accounting, Economics