Financial Fraud And Audit Failure Case Studies Of Tian Neng Technology

IPO financial fraud to the stable development of enterprise itself and the healthy operation of capital market, the serious consequences. Securities market the outbreak of the great influence of IPO financial fraud and audit failure case disturb the order of the capital market, seriously endanger the reputation of the auditing profession. Some fake enterprises through the regulatory review, but in the media eventually terminated by regulators under the supervision of IPO, which listed on the access link to prevent it from. From financial fraud of green earth to Tian Neng Technology, fully exposed the IPO financial fraud and audit failure correlation, and the disadvantages of the gem market access system in China, but also reflects the social supervision power from the supervision, the financial fraud of listed companies to reveal plans IPO financial fraud of listed companies, to strengthen the supervision of the media, to protect the interests of investors.Answer to the question of the capital market fraud back are mainly focus on the listed companies after the research of fraud. Tian Neng Technology in 2012 IPO financial fraud, the securities and futures commission to financial fraud concern by the public, they turn to the IPO stage, the case as typical cases of fraud listed, reflects China’s listed companies are facing fraud problems need to be solved. In this paper, based on its IPO issuance disclosure irregularities of science and technology as the background, and day mainly on the basis of the theory of the four factors of fraud, the individual behavior theory and rent-seeking theory of financial fraud and audit failure day science and technology and the responsibility of the relevant participants were analyzed, and the summary of IPO audit in the audit system, regulators and related problems of intermediary agencies, and puts forward relevant policy Suggestions to these problems. On the one hand, should according to the practical needs of the capital market, by formulating relevant policies and measures to standardize day science and technology itself, giving play to the role of intermediary institutions and strengthen the regulation of regulatory role, solve the serious problems in the offering for fraud. On the other hand, improve the system of IPO audit, and puts forward relevant policy suggestions of IPO.