Report of the National Commission on Fraudulent Financial Reporting

It would be possible to create a score for each respondent from the factor analysis, and this approach is widely considered to be good practice when scoring complex data 13 . However, there is also a strong argument for giving each component of financial knowledge equal weighting, as each has benefits for individuals, and each has been identified as important by international experts. There is also some sense in avoiding complex statistical approaches if these are likely to be applied or interpreted in different ways in different countries or if problems with data from one country are likely to influence the way...