naturally all activities are along with risk and uncertainties. project risk has the concept more than the financial concept. in project management, risks are events that can occur during the project implementation and has negative effects on project completion and meeting goals. identification, analysis, prioritizing and having plan for dealing with these events are playing an important role i...

We develop a model of neural networks to study the bankruptcy of U.S. banks, taking into account the specific features of the recent financial crisis. We combine multilayer perceptrons and self-organizing maps to provide a tool that displays the probability of distress up to three years before bankruptcy occurs. Based on data from the Federal Deposit Insurance Corporation between 2002 and 2012,...

The overall objective of this research is to analyze the financial condition failing companies prior bankruptcy, in comparison with non-failing companies, which are matched on industry, size, and time-period. sample consists 168 SMEs from wholesale retail whose statements were analyzed for 2011-2015 period. analysis primarily based ratio models developed bankruptcy prediction statement manipula...

Many static neural networks have been studied extensively in financial classification problems. However, dynamic time series predictive classification using neural networks with memory, such as the Gamma Memory neural network (GMNN), may prove more accurate. In this study we compare the predictive accuracy of the GMNN to the Multilayer Perceptron neural network and the statistical approaches of...

Bankruptcy prediction is very important for all the organization since it affects the economy and rise many social problems with high costs. There are large number of techniques have been developed to predict the bankruptcy, which helps the decision makers such as investors and financial analysts. One of the bankruptcy prediction models is the hybrid model using Fuzzy C-means clustering and MAR...

unreliability of financial statements in iran has urged this country’s financial services industry management to manipulate practices by which they could gain reliable risk scores for borrowers. this research extracts the most influential qualitative factors that would impact the default of a business relationship borrower. solicitation of the factors is done through delphi methodology. the mea...

Some of the parameters in issues of the reality world are uncertainty. One of the uncertain problems with the qualitative parameters is economic problems such as bankruptcy problem. In this case, there is a probability of dealing with imprecise concepts including the intervals regarding the official’s viewpoint, organizations’ managers. Accordingly, this article uses the concepts of data envelo...

Corporate financial statements address multiple stakeholders’ needs. International Financial Reporting Standards (IFRSs), among others, allow two different classifications, “by function of expense” and nature expense”, for the statement profit loss other comprehensive income period (from now on, also identified in short as “Income Statement”, or “IS”). XBRL standards ensure compliance consisten...