Machine Learning Applications for Accounting Disclosure and Fraud Detection

The prediction of the valuation of the quality of firm accounting disclosure is an emerging economic problem that has not been adequately analyzed in the relevant economic literature. While there are a plethora of machine learning methods and algorithms that have been implemented in recent years in the field of economics that aim at creating predictive models for detecting business failure, only a small amount of literature is provided towards the prediction of the actual financial performance of the business activity.