Case Study On The Financial Normativity Of GEM's IPO

Since the reform of the commercial system in 2014,the growth rate of the total number of real enterprises in the country has reached a new level,and the annual growth rate of the number of enterprises has reached about 20%.The rapid growth of the number of enterprises has put pressure on the financing of enterprises.As small and medium-sized enterprises(SMEs)are generally small in scale,there are few collaterals available for financing,and the implementation of policies such as imperfect credit guarantee institutions for small and medium-sized enterprises and the implementation of national financial barriers have made the attractiveness of equity financing increasingly attractive to SMEs..Under the current system,the important premise of entering the capital market through IPO for equity financing is that it must meet the requirements of the CSRC and relevant departments for enterprises,especially the financial requirements.This paper analyzes the development of China's IPO system and the financial requirements of the laws and regulations on the application of IPO enterprises,and combines the specific reasons for the failure of the GEM to declare the enterprise,and analyzes some of the financial normative issues in the process of applying for IPO by G Company.The solution to the problem.In terms of theory and practice,we provide advice for enterprises that apply for the IPO of the GEM.This paper first expounds the background and significance of this paper,introduces the literature review and research methods and contents of related research at home and abroad;then introduces the requirements and analysis of China's A-share IPO financial normative,including the historical evolution of China's IPO audit system.The enterprise declares the financial normative requirements of the IPO and the current IPO review process.Through the requirements and analysis of the application of the GEM to the financial norms of the enterprise,it specifically analyzes the financial requirements of the GEM for the enterprise,and combines the specific requirements.In the case of no case,the issues focused on by the review committee were elaborated.On the basis of the above theory and analysis,combined with the actual situation of the case enterprises,the implementation of the G company focused on the issue of the audit committee was analyzed.Some non-standard problems existed,and some countermeasures and suggestions were put forward for these irregularities.Finally,the conclusions are presented,and the conclusions of this paper are expounded.