Financial Statement Fraud Market to See Huge Growth by 2027: GlobalVision Systems, BioCatch, Digital Resolve, Experian

This press release was originally distributed by SBWire

New Jersey, United States – (SBWIRE) – 04/28/2022 – Latest industrial growth study of the global financial statement fraud market 2021-2027. A detailed study accumulated to offer latest insights about acute characteristics of the Financial Statement Fraud market. The report contains different market forecasts related to revenue size, production, CAGR, consumption, gross margin, price, and other important factors. While emphasizing the major driving and restraining forces of this market, the report also offers a comprehensive study of the future market trends and developments. It also examines the role of major market players involved in the industry, including their company overview, financial summary, and SWOT analysis.

Some of the key players profiled in the study are:
BioCatch (Israel), Digital Resolve (US), Experian (Ireland), Gemalto NV (Netherlands), Kount, Inc. (US), Signifyd (US), ACTICO GmbH (Germany), CipherCloud (USA), GlobalVision Systems, Inc. (USA), Oracle Corporation (USA).

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Market trends:
Growing demand for advanced techniques to protect against fraud

Scope of Financial Statement Fraud Report
Financial statement fraud essentially consists of overstating assets, income and profits and understating liabilities, expenses and losses. It is essentially a misrepresentation of a company’s financial condition achieved through intentional misstatements or disclosures in the financial statements to mislead the users of the financial statements. The Association of Certified Fraud Examiners (ACFE) defines accounting fraud as “the deception or misrepresentation that an individual or entity makes knowing that the misrepresentation could result in an unauthorized benefit to the individual or entity or another part”.

The titled segments and sub-sections of the market are illuminated below:
by application (defense, government, banks and financial institutions, other), warning sign (accounting anomalies, steady sales growth, depreciation methods, weak internal corporate governance, inordinate frequency of complex third-party transactions, missing documents, incitement to fraud), fraud (Overstatement of income, inflating the net worth of an asset, concealment of obligations/liabilities, incorrect disclosure of transactions between related parties), method of detection (horizontal analysis of financial statements, vertical analysis financial statements)

Opportunities:
The growing uses of artificial intelligence and machine learning offer various opportunities

Market factors:
Growing need to protect financial loss due to growing threats
Increasing application in security in the military sector as well as in the banking sector

Regions included are: North America, Europe, Asia-Pacific, Oceania, South America, Middle East and Africa

Country level breakdown: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), Netherlands, Spain, Italy, Belgium , Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand, etc.

If you have any questions regarding the Global Financial Statement Fraud Market report, ask our [email protected] https://www.advancemarketanalytics.com/enquiry-before-buy/164770-global-financial-statement-fraud-market

Strategic Points Covered in Table of Content of Global Financial Statement Fraud Market:
Chapter 1: Introduction, Product Market Driving Force Study Objective and Research Scope of Financial Statement Fraud Market
Chapter 2: Exclusive Summary – the basics of the financial statement fraud market.
Chapter 3: Displaying Market Dynamics – Drivers, Trends and Financial Statement Fraud Challenges and Opportunities
Chapter 4: Presentation of financial statements Fraud Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Product Display by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of Financial Statement Fraud Market which includes its Competitive Landscape, Peer Group Analysis, BCG Matrix and Company Profile
Chapter 7: To assess the market by segments, by countries and by manufacturers/company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Viewing the appendix, methodology and data source

Finally, Financial Statement Fraud Market is a valuable source of guidance for individuals and businesses.

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Thank you for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

For more information on this press release, visit: http://www.sbwire.com/press-releases/financial-statement-fraud-market-to-see-huge-growth-by-2027-globalvision-systems -biocatch-digital-resolve-experian-1356811.htm

Marianne R. Winn