A Comparative Study of Pattern for Anticipating Financial Crisis of SAF and Thai DA on Continuing the Activity of Companies Listed in Tehran Stock Exchange

Since the late 1960’s information and data of public financial reports were actively and effectively tested for anticipating the bankruptcy of company; which shows high importance of such information for different economic factors. Suppliers and financial institutes shall improve their idea in relation to credit value of a customer. Investment institutes are in search of methods for finding out acceptable investment risk. Accountants are interested in being aware of probability of assumption of continuity of activities of company. The government agents require a dependable distinguishing tool to support the bankrupt companies. Financial health of a company may assist to single beneficiaries including: customers, employees and managers. In this research through studying the probability of anticipating bankruptcy of 60 companies listed in stock exchange by using SAF and Thai DA method during one and two years before pausing their activity, we examine the 2 aforesaid methods. According to the results of research, SAF method in comparison to Thai DA method has better results and using the data of last year with higher exactness may anticipate the pause in activities of company.