Impact of reliability of financial statements on return on equity

The article deals with the problem associated with the need to take into account data on the movement of funds represented by domestic securities of interest with the type of activity “Coal mining”. To study the quality of accounting (financial) profitability, we built a probabilistic model for the integral assessment of the consequences. For this, the author’s methodological approach was used to assess the reliability of financial results using mathematical and statistical models (multi-criteria assessment, clustering, etc.). The study found an increased likelihood of understatement in financial results. In the process of assessing expected financial performance, risk management operations, manipulation of reporting and analysis of indicators that are its indicators are carried out. The article states the presence of a weak relationship between the values of performance indicators and the identified probability of distortion of accounting (financial) profitability data. It was concluded that exceptional studies in the framework of the manipulation of accounting (financial) statements are mandatory for the problems we have identified in order to reduce the degree of their negative analysis on the decisions made by all users of information. The direction for further research is offered.