The Case Study On Transaction Fraud Of Affiliated Party Of Kang Zhi Pharmaceutical Limited By Share Ltd

With the development and the global economic market matures, the rhythm of the enterprise economic activity with the advent of the era of the Internet is accelerating, competition is increasingly fierce.In such a background, how to ensure that enterprises in the fierce competition keep advantage became the top priority of the enterprise development, which makes enterprises face more and more pressure of competition, resulting in some enterprises at through fraud in exchange for short-term economic benefits.Among a series of fraud means, the affiliated party transactions fraud is more and more get the attention of people, even in relatively perfect market operation and supervision mechanism of western capital market, the affiliated party transactions fraud as if also available.Along with our country after reform and opening up the rapid development of domestic economy, especially in the 1990 s was established since the Shanghai stock exchange and Shenzhen stock exchange, and more than two thousand companies listed, this can be reflected from the side of our country economy is increasingly mature and prosperity, the overall strength of China’s enterprises are also increasing.But at the same time, we also can see that due to the development of our country securities market regulation mechanism speed than the speed of the development of the market, hence the Shanghai and Shenzhen two city since its establishment, the listed company’s fraud cases emerge in endlessly, from the early Min Yuan to the Yin Guang Xia, Joan to Kang Zhi pharmaceutical to Fu-sheng Wan branch in recent years, more or less involved in related party transactions, it also makes both in market regulators and enterprise information users pay more attention to research of the countermeasures against the false report and fraud, especially for the affiliated party transactions fraud identification and prevention of further research.Based on this, this article through to Kang Zhi pharmaceutical fraud case study, discusses the main means of fraud and further analyzes the main reasons for fraud, and hope can from two aspects of enterprise itself and the certified public accountant put forward a series of countermeasures and Suggestions of preventing fraud especially the affiliated party transactions fraud, and hope that can be used for reference by other enterprises have certain.