Research On Audit Of The Related Party Transactions Fraud Of Listed Companies

In recent years,China's securities market has got rapid development,related party transactions are also came into being in this wave.On one hand,related party transactions of the listed companies in china can be good for the enterprise to reduce costs,cost savings and improve theirs operational capacity;on the other hand,it has become one of the commonly used methods that the listed company use to carry out fraud and manipulate profits,which seriously damaged the interests of small and medium shareholders of listed companies and the interests of its creditors and other stakeholders.At the same time,it also brings a serious threat to the healthy and orderly development of capital markets.It is noteworthy that the financial fraud behavior of listed companies is now repeatedly continue to happen and fraud means also come out one after the other,making the transaction has become more and more complicated,hidden.Besides,the listed companies do not regulate the situation is repeated.Thus,increase the strength of audit for related parties and their transactions have become immediately urgent.In this paper,we take the research on audit of the listed companies use the related party transactions to carry out fraud as a cutting-edge perspective,by drawing on the relevant theoretical research results at home and abroad,summed up the existing more classic related party fraud related theory,the results of the theory focused on fraud Motivation analysis,the formation of such as the theory of fraud iceberg and so on several more classic theory,these fraud motives for the study of corporate fraud has laid a sufficient theoretical basis.Then,on the basis of this part of the theoretical research,this paper analyzes the motivations of the related parties and the related parties 'transactions,and then further explores the motives of the related parties' fraud in the listed companies,analyzes the common methods of using the related party transactions to carry out the fraud,auditing countermeasures of fraud.On the basis of the previous theoretical analysis,this paper introduces the practical case analysis.In this paper,the corrupt practices of Kangzhi Pharmacy are taken as an example,and the corrupt practices are analyzed in depth.Then,the recognition methods of fraud in related parties are summarized,the assessment of fraud risk and the corresponding audit strategy,and strive for related party transactions fraud audit research to provide some of the more innovative ideas,listed companies related party transactions audit practice which plays a certain role in promoting the audit practice of related party transactions and has certain reference significance to the regulation of financial behavior of securities market and listed company.