Research On Financial Fraud Of Agricultural Listed Companies

In the 1990 s,China's capital market began to develop.Although it has gradually matured and standardized,financial fraud has always existed in the capital market,and there are signs of aggravation.In recent years,financial fraud incidents of agricultural listed companies have been exposed continuously,and become a frequent area of financial fraud.This paper adopts the method of combining normative research with case analysis,on the basis of studying domestic and foreign literature,drawing lessons from the relevant theory of financial fraud,starting from the current situation of financial fraud of agricultural listed companies,taking the case of A company as the breakthrough point,in order to find effective countermeasures to prevent and control financial fraud of agricultural listed companies.Firstly,it summarizes the current situation of the development of agricultural listed companies and the financial fraud of agricultural listed companies,and analyses the reasons for the frequent financial fraud of agricultural listed companies.Then,this paper focuses on the specific analysis of financial fraud cases of A company,and comprehensively analyses the process,means,motivation of financial fraud of A company,as well as the adverse impact of financial fraud on A company and the subsequent rectification.Finally,according to the analysis of the current situation of financial fraud of agricultural listed companies and the case of A company,the following suggestions are put forward to prevent and govern financial fraud of A company and agricultural listed companies: alleviate financial pressure,promote enterprise development;strengthen corporate governance,improve internal control;strengthen external supervision,improve audit quality;standardize information disclosure,and increase penalties.Financial fraud of agricultural listed companies is not only unfavorable to the future development of enterprises,but also affects the stability of capital market and the trust of investors in China's agricultural listed companies.Therefore,it is urgent to prevent and control financial fraud of agricultural listed companies.