The Study On Financial Fraud In The CXBW

Even in highly developed economies in the global market today, the company is acorporate financial fraud is still difficult to cure ills, because the agency relationship andthe rights and interests of inconsistency there will always be more or less financial fraudin an enterprise. In the last study, we focus too much on the listed company’s financialfraud and false accounting information of the phenomenon, while ignoring the study offinancial fraud situation of SMEs. Past financial fraud problem in the analysis process,we focus too much on the financial statements and accounting information, rather thanfocus on research fraud occurred in the SME financial motivation, recognition andtreatment. This article attempts to study in-depth study from a business perspective to theissue of SME financial fraud.CXBW company as the publishing industry’s own business, the media industry hasundergone a major policy of the opportunity, relying on good market opportunitiesdeveloped rapidly, the company has accumulated abundant capital in developing,expanding, and now has become a nationwide three more than ten provinces and largeprivate publishing and research company. However, due to the rapid expansion of thescope of the company’s business in a few years time, the original family’s governancestructure, financial management and internal control mechanisms no longer able to meetthe needs of the company’s development, resulting in the company’s recent financialfraud situation continued, large District managers have resigned, to the company’smanagement has brought great difficulties. This study is aimed at companies of suchproblems, a brief research paper writing is divided into four parts.The first part of the introduction. Introduces the background and significance ofthis literature review and abroad, describes the research methods and content used in thispaper.The second part of the case description. Introduces the basic situation CXBWcompany, company business development, as well as a description of the company’sfinancial fraud issues.The third part of the case studies. First, the use of case studies to elaboratetheoretical basis, then use the theory, combined with the actual situation CXBW company,the causes of the financial fraud issues CXBW analyze dig problem.The fourth part, conclusions and recommendations. The full text of the conclusionsof the study summarize it, and on this basis, the company’s financial fraud againstCXBW the root cause of the problem, the business perspective, put forward a four-pointsuggestions and countermeasures combined with financial management and accountingtheory.