Case Study On Financial Fraud Of Wan Jiang Logistics

In recent years,China's securities market is developing rapidly,many financial investors to develop investment strategies of the main is according to the public release of all kinds of information of listed companies,especially financial information.Therefore,the authenticity of financial information has aroused wide public concern.However,the financial fraud of many listed companies in China has shocked the whole capital market,whether it is the amount of fraud,the length of time,or the large amount of fraud.It not only covers the real performance of the company,but also causes irreparable damage to the investors.Logistics industry developed rapidly in recent years,in the new economic system of China played an important role,and Wan Jiang Logistics as the pioneer of the industry,it is not only the first big output port of the Yangtze river energy,more ranks first in the port industry in “Fortune” magazine ratings.The fraud case is one of the most representative cases in recent years,but it is still relatively rare.In addition,the fraud cases are typical,the amount is huge,the influence is bad,and it is very representative.As an industry with so much influence,its huge amount of fraud has caused a huge stir in the industry.Therefore,to analyze the causes of its financial fraud,and to identify its fraudulent means,we hope to serve as a warning to the industry and other industries.Based on literature review and theoretical analysis of financial fraud audit,this thesis adopts the method of combining theory with case analysis.This thesis mainly includes six aspects: The first chapter is the presentation,which elaborates the backdrop,meaning and literature review of relevant researches at home and abroad,and expound the research technique and contents of this thesis.The second chapter is regard to the related notions and theoretical basis of financial fraud,and introduces the crime of financial fraud and its related concepts,as well as the characteristics,means and harms of financial fraud.The third chapter is the introduction of financial fraud cases,the background of the company,the organization structure and so on,and briefly expounds the process of the fraud.The fourth part is case study part,first of all,the brief introduction of the basic situation of Anhui river logistics co.,LTD.,and past the main financial data,on the basis of using the fraud triangle theory,from the motive for fraud,fraud and audit failure causes many fronts to Wan Jiang logistics fraud caseanalysis.The fifth part is the case revelation,combined with the case analysis to provide the inspiration and reference for the reference of the parties,and put forward reasonable governance Suggestions.Finally,it is the conclusion of the thesis,pointing out the deficiency and expectation of the future.