| Accounting fraud has always been the focus of attention from all walks of life.With the increasing regulatory pressures in various countries,the forms of fraud in listed companies are becoming more diverse,and they are systematic and concealed.From a macro perspective,accounting fraud is a serious interference to the normal order of the capital market,directly affecting the stability and healthy development of the securities market,which in turn will reduce investors’ confidence in the securities market.From a micro perspective,fraud can lead to the collapse of corporate reputation and even bankruptcy and liquidation.The systematic and concealed nature of fraudulent methods makes the supervision of the regulatory authorities increasingly difficult,and the situation is becoming increasingly serious.Although China’s existing legal system has made many specific requirements and regulations for accounting fraud,the phenomenon of accounting fraud is still "continuously prohibited" in China.Therefore,this paper has important practical significance to choose accounting fraud as the research object.This thesis uses the case study method to introduce and analyze the case based on the theory of accounting fraud motivation.Firstly,it briefly introduces the basic situation of Yabaite and the process of listing by backdoor,and summarizes the accounting fraud methods of Yabaite from the aspects of fictional overseas engineering projects,virtual building materials export trade and fictional domestic building materials trade,and from financial From the perspective of analyzing its economic consequences,and using this as an entry point to analyze the deep motivation of its fraud.This paper analyzes the accounting fraud behavior of Yabaite by using the risk factor theory of fraud.From the perspective of individual risk factors,Yabaite has a “gambling agreement” to meet the listing criteria,and it can generate fraud motives for low-cost listing and other reasons,while the moral quality of managers and accounting practitioners is not high.It is a moral factor;from the perspective of general factors,information asymmetry,the failure of internal control of the enterprise and other factors provide opportunities for fraud,and the concealment of fraud and the inaction of intermediary service organizations reduce the possibility of fraud being discovered.At the same time,due to the lack of fraud in China’s relevant laws and regulations,the fraud has also been promoted to some extent.According to the theory of fraud risk factor,combined with the analysis of the case of Yabaite,this paper puts forward the countermeasures for accounting fraud.The main countermeasures proposed in this paper include setting reasonable performance requirements,increasing education on the professional ethics of corporate finance personnel,improving the quality of management personnel,improving laws and regulations,improving corporate governance to reduce opportunities for accounting fraud,strengthening supervision,and ensuring intermediaries.Realize the professionalism and maintain the necessary independence,improve the possibility of accounting fraud being discovered;increase the penalties for accounting fraud and increase the cost of accounting violations. |
