Study On Motivation And Countermeasures Of Yabaite Financial Fraud

In recent years,China has put forward the development initiative of "one belt and one road",and has taken many effective measures to promote trade cooperation with the neighboring countries along the belt,providing more and new opportunities for development.However,as the scale of foreign trade continues to expand,more and more enterprises are found to have financial fraud,which seriously disrupts the order of the securities market and is not conducive to the sound development of our economy.We must pay more attention to it.The case of Yabaite’s cross-border financial fraud is of bad nature and has been criticized by the Ministry of Foreign Affairs by name.Therefore,it is of great significance to choose Abbott Company as a case for study,both in theory and in reality.Based on the fraud case of Yabaite Overseas Projects,this paper makes an in-depth analysis on the basis of the theory of fraud risk factors.Firstly,this paper gives a brief introduction to the general situation of the company,and understands the industry situation of the company.Through reading relevant information,news and other means of financial fraud of Yabaite,it makes a detailed understanding of the operation and financial situation of the enterprise by combining the analysis of various financial indicators,and obtains the relationship between the fraud and the financial situation.In the study of the causes of fraud,based on the theory of fraud risk factors,from the perspective of individual risk factors and general risk factors,individual risk factors are focused on moral quality factors and motivation factors.General risk factors are studied from three aspects:opportunity,possibility of exposure and degree of punishment,and from the perspective of these five factors to put forward targeted governance measures.Finally,the article is summarized.