The Research On Identification Of Financial Fraud For The Prevention And Controlling In Credit Risk With Bank A

Credit granting refers to the bank providing direct financial support to customers or guaranteeing credit to third parties in related economic activities.Credit business risk prevention and control of commercial banks is the core issue of credit risk management of commercial banks,is the guarantee for the survival and development of commercial banks.However,in the credit business of commercial banks,there are many ways and means of financial fraud,and the problem is very serious.At present,the main types of financial fraud in bank A credit business are error type,fraud type,financial data and non-financial data.The main types of financial statements whitewash are to whitewash business performance,profit balance,huge profit write-offs,overvalued assets and undervalued liabilities.Enterprises use various ways to falsify financial statements in an attempt to deceive bank credit examiners so as to defraud bank credit.At present,there are mainly financial fraud identification methods in bank A's credit approval,such as statement,account set verification,report data checking,whitewash motivation inference.However,there are some problems and drawbacks in the above-mentioned financial fraud identification methods in practice.This paper constructs a financial identification model by using logistic regression method,and selects 19 listed companies that submitted credit applications to Bank A from 2013 to 2017 for empirical analysis.The results show that the model has a high recognition accuracy,and can screen out financial fraudulent enterprises and non-fraudulent enterprises to a certain extent,but it also needs to pass through.There are some other ways to assist.This paper suggests that the ability of financial fraud identification in bank A's credit examination and approval should be further strengthened to effectively prevent and control credit risk by strengthening the environmental analysis of credit-granting enterprises,strengthening the supervision of credit-granting enterprises,perfecting the pre-loan identification system and internal management system of bank A,and checking the authenticity of the main subjects of financial statements of enterprises.