Analysis of Sales Manipulation in IPO-bound Startups Using Gemini Chat GPT

Analysis of Sales Manipulation by a Startup Preparing for IPO Using Gemini ChatGPT

Accounting manipulation by companies preparing for IPOs is becoming increasingly sophisticated. Now, artificial intelligence tools such as ChatGPT and Google Gemini can be used for this sophisticated revenue fabrication.

After reviewing recent actual listing fraud cases with ChatGPT, there were interesting findings. This is because AI clearly captured systematic revenue processing signals that were difficult to find with existing audit techniques.

This company created fake revenue together with all teams under the direction of the CEO for the purpose of achieving listing. The sales department fabricated false contracts, the accounting department created invoices despite knowing the situation, and further deceived external inspections by utilizing partner companies. How could ChatGPT verify such structural manipulation?

First, I asked ChatGPT, "Diagnose the reason why operating income is 10 billion won in the income statement, but the operating activities flow in the cash flow statement is -2 billion won." The AI immediately raised the risk of virtual transactions where revenue exists but no actual collection. I asked Google Gemini, "This company's accounts receivable growth rate increased by 300% compared to last year, while the average for the same industry increased by 20%. Please review the background." Gemini accurately analyzed that the unusual increase in accounts receivable is a typical signal of false revenue.

I have summarized the accounting data analysis using the AI tool on the following YouTube.
https://www.youtube.com/watch?v=KVxjrCREHDs

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