Scientific Research and Recent Findings in Financial Monitoring

The article discusses the existing studies on issue of financial monitoring and suggestions that their authors have. discussion these begins with American scientist Edward Altman's Z-model, which he proposed to predict risk bankruptcy for companies. presents both an earlier a modified version Z-model developed by Altman. also evaluates 9-factor model V. Fulmer R. Saifulin G. Kadikov's four-factor models. Among more recent in field is study Portuguese Ana Paula Lopez, who found companies served audiences "big four" no longer cheat part. Malaysian scholars Noor Aisha Nizan Zuhaikha Zailan 2019 it best combine audits technological human audits. Also, 2019, Vilnius P. Poshinaus argued should be carried out only economic-mathematical methods, because they provide great opportunities finding irregularities. And 2020, Czech Aneta Zemankova public use artificial intelligence monitoring. With its implementation, smart audit procedures contracts can performed automated manner. conclude auditors Georgia, due low level mathematical education, cannot blockchains intelligence, but models audit, raise need retrain them this direction. issues dividing diversified into responsibility centers Keywords: Financial monitoring; probability bankruptcy; Z - model; Fulmer's models; Responsible centers.