Case Study On Financial Fraud Problem Of Hailianxun

Financial fraud has never disappeared,with the rapid development of China's securities market,financial fraud cases are endless.Various types of fraud hidden in the securities market which seriously undermined the market environment,disrupted the market order.We should discover,and resolutely investigate and deal with,in order to ensure that the interests of market players and purged securities market.Listed companies and financial fraud prevention measures may cause the company to operate reasonable,legitimate income for the purpose of helping investors access to high quality external financial reporting,improve the effective utilization of resources of capital markets,early detection of fraud clues.Firstly,the existing accounting fraud theory expounded,the famous iceberg theory,accounting fraud triangle theory,GONE theory are included.Chinese scholars later due to fraud Movement Research,and more to regulate the main analysis,it is a combination of multi-case analysis.Secondly,it will clarify the concepts of financial fraud.Next,review the whole story of Hailianxun financial fraud cases in the s of Hailianxun company presentation,based on the analysis of Hailianxun revenues,costs,profits,and their means of forgery and fraud reasons.In the case of content analysis,this paper will combine of Hailianxun consecutive years of reporting comparative analysis,analysis of these data changes back to hide the truth.Of listed companies' financial fraud causes and analysis of the process,from the external environment,internal governance,and driven by the interests and other aspects,combined with the motive of fraud means fraud analysis,and enterprise managers from the level,level two financial statements aspect of the process of financial fraud were discussed.Subsequently,from preventive measures,terms incentives,rules and norms of the securities market as well as the independence of the audit of listed companies and other measures to combat financial fraud raised.This article from the angle of internal,externaland other companies to discuss measures to prevent financial fraud.In addition,the role of the regulatory body can not be ignored,the supervisory role of the regulatory body to play an effective role on the illegal business should also give a more severe punishment.