Financial information is what determines the financial condition and results of operations of the firm, Appraisal of management responsibilities, a key source of information for scientific decision-making. It plays an essential role in economic management and economic decision-making. Nowadays, the market economy is so developed that certain companies, because of their own interests, resort to various ways to whitewash their financial statements. Not only does it jeopardize the interests of investors, but it also damages the reputation of the company and brings some negative effects on the functioning of today's market. This paper is mainly based on the financial statements on the statement of the common means of the act of whitewashing to analyze the corresponding countermeasures to deal with the corresponding discussion.

Guzailinuer Sattar. Financial Statement Manipulation of Listed Companies and Prevention. Academic Journal of Business & Management (2023) Vol. 5, Issue 20: 119-124. https://doi.org/10.25236/AJBM.2023.052016.

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