| With the continuous development of economy,China's capital market is also expanding,and the number of listed companies has increased significantly.Meanwhile,financial fraud happens frequently in listed companies,which affects the stable operation of China's economy seriously.In 2014,NanFang corporation admitted its continuous profit making in 2006 to 2010,the amount peaks at 300 million yuan,which shocked the whole market.On the one hand,financial fraud has seriously affected sustained development of the company and the securities market,on the other hand,it has also caused the external investors to suffer huge economic losses and lose confidence.Therefore,in the context of China's clear demand for the protection of the interests of small and medium investors,this paper,based on the current situation in China,studies the problem of financial fraud in depth with the theory of fraudulent factor risk.It is of practical significance to reduce the occurrence of financial fraud in China from the source of financial fraud and to propose solutions to the causes of fraud.This paper first introduces the background and significance of the research,and summarizes the related theories of financial fraud both at home and abroad.Then based on the concept of financial fraud,the theory is explained in accordance with the development sequence of the theory of fraud motivation,and the theoretical basis of this paper,the theory of fraudulent risk factors is emphasized.Secondly,this paper reviews the financial fraud cases of NanFang corporation and explains the fraud means of the corporation.At the same time,the case is combined with the theory of fraud risk factor,and the motivation of corporate financial fraud is analyzed from five angles of fraud factors.Finally,based on the analysis of NanFang corporation share financial fraud cases,corresponding solutions lead to fraud drivers.It mainly includes strengthening honesty moral education,establishing good faith archives,perfecting enterprise financing mode,formulating scientific development strategy,perfecting the system of enterprise delisting,strengthening the examination of enterprises and accounting firms,and strengthening the punishment of accounting firms.We should further improve the regulations of the securities market,to make our economic development more robust. |
