Fraud Prevention in Banks' Financial Statements based on Organizational Culture and Professional Ethics, Emphasizing the Role of Whistle-Blowing
Quarterly Journal of Securities Exchange

Quarterly Journal of Securities Exchange

Fraud Prevention in Banks' Financial Statements based on Organizational Culture and Professional Ethics, Emphasizing the Role of Whistle-Blowing

Document Type : Original Article

Authors
ali akbar darvishi 1
Reza Reza 2
mehdi Maranjory, 3
Razieh Alikhani,, 3
1 Department of Accounting, Chalus Branch, Islamic Azad University, Chalus, Iran
2 Assistant Professor, Department of Accounting, Chalous branch, Islamic Azad University, Chalous, Iran,
3 Assistant Professor Department of accounting, Chalous Branch, Islamic Azad University, Chalous, Iran
10.22034/jse.2026.12547.2347
Abstract
Fraudulent reporting by managers in financial reports is a major threat to investors. However, in practice; there is no method for immediately detecting fraudulent reporting by managers. Therefore, it is very necessary to pay attention to the direct criteria affecting the possibility of fraud in financial reporting. Therefore, this research was conducted with the aim of explaining the prevention of fraud in banks' financial statements based on organizational culture and professional ethics, emphasizing the role of whistleblowing. This research is descriptive-causal in terms of research approach. The statistical population of the study was all certified public accountants and managers of public and private banks. Based on the Morgan table, 384 questionnaires were distributed among the statistical population as a sample and 293 responses were received. The information collected by the questionnaires was analyzed using SPSS24 and AMOS24 software using structural equation modeling. The results of the analysis of the research hypotheses showed that the variables of organizational culture, professional ethics, and whistleblowing have a positive and significant effect on preventing fraud in banks' financial statements, the variables of organizational culture and professional ethics have a positive and significant effect on whistleblowing; whistleblowing has a positive and mediating role on the relationship between organizational culture and preventing fraud in banks' financial statements, and whistleblowing has a positive and mediating role in the relationship between professional ethics and preventing fraud in banks' financial statements.
Keywords
Keywords: Professional ethics
fraud in financial statements
fraud prevention
organizational culture
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Quarterly Journal of Securities Exchange
Volume 19, Issue 73
Spring 2026
Pages 149-180