Discussion About The Judgments of Financial Information False of Courts in an Accounting Prospect── Focusing in the Omission
Date Issued
2016
Date
2016
Author(s)
Lin, Yueh-Hsien
Abstract
Courts need to make judgments about many other professional works very often, such as financial accounting. However the judges and prosecutors are not experts in accounting, if the judgment made by them conflict with the accounting professional, not only the truth of the case will be concealed; the creditability of the justice system will also be harmed. This thesis will analyze the basis of financial information and the process of firming financial information with the accounting theories in the first, then integrate practice and theories of the accounting, auditing and legal, to discuss the definition and types of financial information false. Moreover, to discuss and analyze the “materiality” factor of the financial information false and the type of “omission” in further. After that, this thesis analyzes some real criminal adjudication; compare the judgment of the courts with the accounting professional to discover whether the judgments of courts apply the accounting principles properly. Finally, this thesis discusses the future of forensic accounting in legal practice, and makes some suggestions of it. The conclusion of this thesis is the misrepresentation and omission are different types of financial information false. And the “materiality” standard are the same in a particular case no matter when the information been booked or audited or determined as an omission. The judgment of courts in financial information omission cases, are basically apply the accounting principles properly. The likely reason could be the process to determine whether the information been omitted is relatively simple. Finally, the courts could use institutional appraisal or individual appraisal, depends on the scale of influence of the case.
Subjects
Financial information false
omission
judgments of courts
materiality
forensic accounting
SDGs
Type
thesis