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Expert Verification of Accounting Information on Financial Instruments for Solving Economic Crimes

Author

Listed:
  • Olha Lukova

    ("Institute of Agrarian Economics" National Scientific Centre, Kyiv, Ukraine)

Abstract

Accounting data on transactions with financial instruments is an important source of information when conducting economic examinations to uncover economic crimes, the share of which is steadily growing every year. The purpose of the article is to determine the methodological components of expert verification of accounting information on financial instruments for solving economic crimes. The study used internal materials of the Kiev Scientific Research Institute of Forensic Expertise. It has been proved that the cause of an offense in the use of financial instruments can be not only selfish motives, but also insufficient professional knowledge of accounting rules, which determines the relevance of expert verification of accounting for such objects. The analysis of the dynamics of requests for expertise was performed. The structure of the circumstances was detected under which the expertise of issues related to the accounting of transactions of agricultural enterprises with financial instruments was initiated. The subject structure of the conducted examinations was revealed. The sources of obtaining information used for the examination of accounting of transactions of agricultural enterprises with financial instruments have been identified. The procedures for the examination of accounting of transactions of agricultural enterprises with financial instruments have been systematized. Typical deviations have been determined that can be identified as a result of the examination of accounting for transactions of agricultural enterprises with financial instruments. The implementation of the methodological components of the expert verification of accounting information on financial instruments indicated by the author ensures the formation of more substantiated conclusions about the legality of transactions with financial instruments, and respectively, it contributes to the disclosure of economic crimes.

Suggested Citation

  • Olha Lukova, 2021. "Expert Verification of Accounting Information on Financial Instruments for Solving Economic Crimes," Oblik i finansi, Institute of Accounting and Finance, issue 1, pages 101-114, March.
    • Handle: RePEc:iaf:journl:y:2021:i:1:p:101-114
    DOI: 10.33146/2307-9878-2021-1(91)-101-114
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    References listed on IDEAS

    as
    1. Lopes, Patricia Teixeira & Rodrigues, Lucia Lima, 2007. "Accounting for financial instruments: An analysis of the determinants of disclosure in the Portuguese stock exchange," The International Journal of Accounting, Elsevier, vol. 42(1), pages 25-56.
    2. Mojca Gornjak, 2019. "Forward-looking approach in the accounting of financial instruments: case study of Slovenian Pension Company," International Journal of Innovation and Learning, Inderscience Enterprises Ltd, vol. 26(1), pages 27-43.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    financial instruments; economic expertise; forensic accounting expertise; examination procedures; typical deviations in accounting for financial instruments; agricultural enterprises;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General

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