Research On Financial Fraud Identification Problems And Countermeasures Of Listed Companies

Since entering the 21th Century,the problem of financial fraud has gradually become the focus of attention of people,and become more and more serious.Although China's securities market started relatively late,financial fraud cases of listed companies are emerged endlessly during more than two decades of the development.Whether early Yinguangxia and Lantian shares,or the recent Green Earth and Wanfu Biotechnology,the financial fraud cases not only disrupted the order of the capital market,but also deeply weakened the confidence of investors in the capital market.Meanwhile,it also seriously affect the efficient allocation of resources.So the losses caused by the financial fraud are incalculable.However,the reason why these listed companies have been able to do this for so long is because their financial fraud has not been timely identified.This paper believes that if we can find some identification problems of the financial fraud,and put forward the corresponding countermeasures to solve the problem,it is bound to improve the current situation of financial fraud identification and identify more financial fraud of listed companies efficiently,which can reduce the losses of stakeholders and maintain the order of capital market.This thesis combines the research methods of literature analysis and case analysis.Through analyzing the relevant theory of financial fraud identification analysis method,we can find out the causes of the problems of financial fraud identification.At the same time,this paper makes a deep research on the current situation and problems of financial fraud identification,and puts forward some countermeasures to solve the problem.Finally,the paper uses the case-analysis method to analyze the M company's financial fraud cases from the company background,the current situation of the financial fraud,the problems of the financial fraud identification and other aspects,and find out the motivation and main means of the M company's financial fraud,then analyse the existing problems of the M company's financial fraud identification in-depth,and put forward the corresponding countermeasures and suggestions to solve the existing problems.In all,the paper are aimed at providing certain reference to the practical study of China's financial fraud identification.