Research On X Company’s Financial Fraud Based On The Triangle Of Fraud

After more than 20 years of development,China’s capital market has a considerable scale,plays an important role in China’s economy.But at the same time,listed companies have a spate of fraud,2015-2017 three years each year,more than 10 listed companies for fraud by the SFC punishment.The corrupt behavior of listed companies will lead to serious consequences,not only make the vast number of investors bear significant economic losses,reduce confidence in the capital market,but also affect the rational allocation of resources,hinder the healthy development of the securities market.Therefore,in order to standardize the operation and management of enterprises,to restrain the emergence of fraud,to study the mechanism of fraud in listed companies and to explore coping strategies is of great significance.This article uses the case analysis method,takes x company as the research object.Based on the theory of fraud triangle,this paper analyzes the causes of corporate fraud from the three dimensions of pressure,opportunity and excuse,and puts forward countermeasures and suggestions to prevent the occurrence of fraud,in order to promote the healthy and sustainable development of the company and maintain the stability of the stock market.This article is composed of six parts: the first part of the introduction,mainly introduces the background of the study and the significance of the topic,research status and research purposes and content.The second part of the relevant theoretical basis,mainly introduces the fraud triangle theory and other related theories.The third part of the fraud case introduction,mainly on the X company fraud case review,first briefly introduced X company,and then in-depth analysis of x company to take the fraud means.Part Four analyzes the fraud cases based on the theory of fraud triangle,and analyzes the causes of the fraud from three dimensions of motivation,opportunity and excuse.The fifth chapter proposes the countermeasure,puts forward the specific suggestion to the inducement fraud occurrence factor.The prevention and control measures of restraining motive,ring gaskets opportunity and eliminating excuses were expounded respectively in three ways.Part VI conclusion and future prospects,through the summary of the research content,in order to be able to use the fraud Triangle theory to guide China’s listed companies fraud management work.