May a company facing an accounting scandal still be a good investment?

Kenneudy Sreng

Master's thesis

Abstract:

The objective of this thesis is to understand whether a company under financial crisis can still sustain going concern and remain investable. The thesis is divided into three main chapters. The first chapter provides the literature review that helps readers to understand the theoretical background related to financial crime. The second chapter is the methodology part where the qualitative analysis will be selected to illustrate the recipe for success by investing in companies facing accounting scandals. The third chapter deals with the practical part for which eight case studies have been chosen to examine the suggested approach and to evaluate whether it is applicable.

Abstract:

The objective of this thesis is to understand whether a company under financial crisis can still sustain going concern and remain investable. The thesis is divided into three main chapters. The first chapter provides the literature review that helps readers to understand the theoretical background related to financial crime. The second chapter is the methodology part where the qualitative analysis will be selected to illustrate the recipe for success by investing in companies facing accounting scandals. The third chapter deals with the practical part for which eight case studies have been chosen to examine the suggested approach and to evaluate whether it is applicable.

Keywords

Red flag, Principle of going concern, Fraud theory

Keywords

Principle of going concern, Red flag, Fraud theory

Language used: English

Date on which the thesis was submitted / produced: 26. 8. 2022

Thesis defence

• Date of defence: 5. 9. 2022
• Supervisor: Tomáš Krabec
• Reader: Pavel Svačina

Vysoká škola ekonomická v Praze

Master programme:
Finance and Accounting