Wykorzystanie bilansowej wyceny na potrzeby oszukańczej sprawozdawczości finansowej
Using Balance Sheet Valuation for Fraudulent Financial Reporting

Summary/Abstract: The subject of this article is fraudulent financial reporting. The purpose of the publicationis to indicate the main principles and methods of valuation applied in accounting, which couldfacilitate the fraud of financial statements. Literary studies were carried out. The financial data fromthe cash flow statement and from the profit and loss account of a randomly selected company werecompared. It turned out that the differences between these values are getting bigger and bigger. Thisis mainly due to the introduction of estimates (including fair value) of the balance sheet componentsinto the accounting rules. According to the author, such estimates could facilitate manipulation offinancial performance and could contribute to an increase of fraud.

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