The information content of financial statement fraud risk: An ensemble learning approach

• Main Authors: DUAN, Wei, HU, Nan, XUE, Fujing
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2024
• Subjects: Decisions makings; Ensemble learning; Ensemble learning approach; Ex antes; Ex-ante fraud risk; Feature engineerings; Financial statement frauds; Fraud risk; Information contents; Operational efficiencies; Artificial Intelligence and Robotics; Databases and Information Systems
• Online Access: https://ink.library.smu.edu.sg/sis_research/9672; https://ink.library.smu.edu.sg/context/sis_research/article/10672/viewcontent/1.DSS_fraud_publication_version.pdf
• Institution: Singapore Management University

This study aims to assess the financial statement fraud risk ex ante and empirically explore its information content to help improve decision-making and daily operations. We propose an ex-ante fraud risk index by adopting an ensemble learning approach and a theoretically grounded framework. Our ense...