Assessment of the probability of misstatement of the financial results of food industry companies in 2014-2016

Nowadays, companies have a stable tendency to distort the results of economic activity, not only in the direction of overstatement, but also in the direction of understatement. Companies do this for a variety of different reasons, for example, to understate profits for tax evasion, or Vice versa, to overestimate it to attract investment. This article discusses the assessment of the quality of financial statements provided by the companies of the type of economic activity "food industry" by testing the author's methodology of NSUEM, developed to identify the probability of distortion of financial statements in the dynamics for three years.