Research On Financial Fraud And Preventive Measures Of Listed Companies

In recent years,the financial fraud of listed companies has become the focus of global issues,the risk of misleading investors in economic decision-making,market economy credit based erosion,is not conducive to the healthy development of the securities market,the impact of the national macro-control and is not conducive to the listed companies and the healthy development of.What causes the financial fraud of the listing Corporation,the fraudulent use of which means to carry out financial fraud,how to identify the occurrence of financial fraud to prevent financial fraud has become a top priority.If no listed company's financial fraud behavior subjected to combat and control,Chinese investors will pay a painful price,the stock market will fall apart,and thus hinder the healthy development of the capital market.So it is significant to study the motivation,recognition and governance of financial fraud of listing Corporation.Based on the basic concept of listing Corporation financial fraud and basic theory,elaborated the causes of financial fraud of listing Corporation,the listing Corporation governance structure,internal control,internal audit and accounting affairs of listing Corporation financial fraud means and fraud identification methods are analyzed,including the defect of corporate governance structure in terms of balance within a listing Corporation is broken,the formation of a monopoly situation,provide the conditions for financial fraud breeding;perfect internal control is of great significance to prevent the occurrence of financial fraud,in this paper based on the domestic and foreign literature,from the relationship between the internal control target as the starting point to analyze the internal control and financial the influence of internal control on fraud and financial fraud;accounting firm as an external mechanism,the independence of the is helpful to the recognition and disclosure of the financial fraud of the listing Corporation.This shows that the occurrence of financial fraud of the listing Corporation is not only from the internal,but also from the external.Secondly,the case of Yunnan green land comprehensive and detailed analysis,draw inspiration: strengthen corporate governance,improve the internal control system.Increase the supervision of the listing Corporation.Strengthen the integrity of the company.To perfect legislation,strengthen law enforcement.The standard CPA audit system.Finally,according to the case of the enlightenment,from the corporate governance,internal control,external independent audit institutions,China's Securities Regulatory Commission four aspects of the strategy to deal with financial fraud.The internal environment of the norms of the listed company internal personnel authority clear,clear responsibilities,mutual supervision and mutual restriction;external environment,China's securities regulatory departments in perfect relevant laws and regulations and increase law enforcement efforts,the thorough investigation of the crackdown on financial fraud,will not be tolerated.The accounting firm.Not only is to strengthen the financial personnel's occupational ethics quality,but also to improve the professional competence of financial personnel,full of tricks to cope with the listed company's financial fraud means.In summary,financial fraud behavior of listed companies is not only a unilateral reason,failure of internal control,corporate governance structure is incomplete,these are fundamentally affects the company's daily operation,the external environment such as accounting firm's incompetence,reasons of supervision of government departments is not enough will entice companies the risk of fraud.If we don't take action,our capital market collapse is just a matter of time,the harm that may bring the far more than we expected,suppression of financial fraud is imminent.