Suggested Model for predicting financial failure - A Case Study in a sample of mixed industrial companies

Abstract

The research aims to design a specimen based on traditional methods of financial analysis (financial ratios) by highlighting the most important financial ratios function on the likelihood of financial distress in the future or that contribute as evidence of the existence of cases of financial stumbled in hybrid, which copes with the Iraqi environment variables industrial companies, as well as modern methods of financial analysis based on multiple methods that will check the diagnostic process the least possible error. So you are relying on the style factor analysis and the basic compounds under way of self-consistency in the structure of the draw Statistics factors, it has reached the sample size (15) companies from the industrial sector and mixed companies listed in Iraq Stock Exchange for the period of (2012-2006). And The research found that the use of multiple methods to configure the functions discriminatory to predict contribute to access to functions that will check to predict the lowest possible error process, thus giving a clear picture and guidelines for current and future financial position of the companies surveyed, which will activate the process of rational decision-making and financial situation

Keywords

Accounting Hub