The financial health of a company is important for the decision-making of a financial statement user for various reasons. It may be important for future investors to decide if they can invest in the company. In addition, it may also be important for a bank to decide whether the company can provide a credit. However, there are other cases where the user needs to know if the company is financially health. For this evaluation, there are selected the methods used to detect and evaluate the manipulation of financial statements. As these methods are selected the CFEBT model, the Beneish model and the Jones model of non-discretion accrual. Creditworthy models are used to determine whether the company is making any value for the future and there is any danger of bankruptcy. The creditworthiness index, the Tamari model and the IN05 model are selected as these models. In the diploma thesis, these methods are applied in six companies. There are the parent company named ABC a.s. and its five subsidiaries named with Roman numerals I-V. Names of companies are invention. In the practical part of the diploma thesis, the companies are analysed according to individual models and then there is determined the influence of subsidiaries on the parent company according the correlation coefficient. In the end the hypotheses are confirmed or refuted. The first hypothesis says that the whole consolidation unit is financially health. The second hypothesis assumes that the results of subsidiaries influence the results of parent company positively.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:403702 |
| Date | January 2019 |
| Creators | VALDMANOVÁ, Dominika |
| Source Sets | Czech ETDs |
| Language | Czech |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
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