文章基本信息

标题：Detecting Falsified Financial Statements Using a Hybrid SM-UTADIS Approach : Empirical Analysis of Listed Traditional Chinese Medicine Companies in China
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作者：Ruicheng Yang ; Qi Jiang
期刊名称：Discrete Dynamics in Nature and Society
印刷版ISSN：1026-0226
电子版ISSN：1607-887X
出版年度：2020
卷号：2020
页码：1-15
DOI：10.1155/2020/8865489
出版社：Hindawi Publishing Corporation
摘要：By combining the similarity matching (SM) method with the utilities additives discriminates (UTADIS) method, we propose a hybrid SM-UTADIS approach to detect falsified financial statements (FFS) of listed companies. To evaluate the performance of this hybrid approach, we conduct experiments using the annual financial ratios of listed traditional Chinese medicine (TCM) companies in China. There are three stages in the detection procedure. First, we use the cosine similarity matching method to select matched companies for each considered company, derive the deviation data of each considered company as a sample dataset to capture the intrinsic law of the financial data, and further divide these into training and testing datasets for the next two stages. Second, we put the training dataset into the UTADIS to train the SM-UTADIS model. Finally, we use the trained SM-UTADIS model to classify the testing dataset and evaluate the performance of the proposed method. Furthermore, we use other approaches, such as single UTADIS and logistic and SM-logistic regression models, to detect FFS. By comparing these results to those of the hybrid SM-UTADIS approach, we find that the proposed hybrid approach greatly improves the accuracy of FFS detection.