| At the 15 th meeting of the 13 th National People’s Congress Standing Committee,the revised Securities Law of the People’s Republic of China was reviewed and passed,with the biggest highlight being the investor protection system,and it was clarified that investor protection institutions can participate as representatives in civil compensation litigation for misrepresentation.In order for investor protection institutions to play a better role,it is necessary to have a person who is proficient in accounting,law,auditing,and other professions,and legal accounting personnel precisely meet this requirement.Based on this,this article analyzes the application of forensic accounting in Jiuhao Group’s civil compensation cases for misrepresentation,to illustrate its positive role in safeguarding the interests of investors,ensuring judicial justice,and implementing comprehensive rule of law.This article first expounds the relevant concepts and functions of forensic accounting,which is different from judicial accounting employed by judicial authorities,as well as internal auditing and accounting of enterprises.It is a special social service entrusted by specific institutions to provide investigation and evidence collection,expert evaluation opinions,and a brief introduction to the concepts of false statements,loss measurement,and related theories.Secondly,a brief introduction is given to the participants involved in the misrepresentation of Jiuhao Group,the process of backdoor listing,and the means of misrepresentation.With the help of the four functions of forensic accounting,this article analyzes how forensic accounting has been applied in this case.Thirdly,evaluate the application effect of forensic accounting through three indicators: trial duration,compensation ratio,and judgment results,and briefly analyze the reasons for its effectiveness.After that,based on the problems in this case and practice,I propose more reasonable suggestions in order to promote the smooth application of forensic accounting in civil compensation cases of misrepresentation.Finally,the research conclusion of this article is drawn: The application of forensic accounting in civil compensation cases involving misrepresentation has a positive effect on shortening the trial time,helping investors achieve better judgment results,and thus obtaining a higher proportion of compensation. |
