Types of hidden_income
1- Failure to register income in the books or under-registration of them by creating fictitious buyers and fake economic code (number) or code of others, especially institutions that sell their goods through branches, agencies, etc. It works.
2- Making accounts and accounting, recording sales or income in the accounts of creditors, current partners, etc.
3- Registering the purchase of goods and assets in the expense account against the relevant standards.
4- Inflating the purchase price of goods and assets by creating fictitious sellers and invoices or recording the purchase of goods and expenses that are not real.
5- Taking delivery of the quantity or number of domestic or imported goods and recording the total purchase amount in the books.
6- Recording the direct costs of buying or importing goods in the current account.
7- Inflating the amount included in purchase invoices and expenses through collusion with the customer.
8- Including fictitious and personal expenses in the expense account of the institution.
9- Submitting purchase invoices and expenses to auditors more than once.
10- Removing healthy goods from the accounts as waste and not registering their sale in the books.
11- Tampering with goods measuring devices (low sales) and misuse of cash sales boxes and failure to record actual sales in the offices.
12- Means of fraudulent non-receipt claims or non-registration of the collection of deleted claims.
13- Crediting customers’ accounts due to fake return of goods and giving fake cash discounts to customers’ accounts.
14- Removing depreciated assets from the accounts in order to hide the income and sell them at the time of transfer or liquidation.
15- Unreal exchange rate in order to hide profit and show loss.
16- Conclusion of formal contracts and fake invoices for the purchase of materials, goods and expenses.
17- Failure to register some expenses in order to hide some incomes.
18- Presenting the cost price of manufactured goods higher than the actual price through an unrealistic increase in the price of materials or materials that have not been purchased, wages and production overhead.
19- Replacing cheap raw materials instead of expensive ones.
20-Destroying output reports and replacing fake output reports instead of original output reports.
21- Deletion, addition and change of numbers and information already given to the computer, through manipulation in the computer program.
22- Using multiple software in order to prepare different financial statements for the company and the tax affairs organization.
This post is written by ARHNMA