Research On Financial Fraud Means And Prevention Of YJ Media Company

In domestic and foreign capital markets,driven by interests,various financial fraud cases have been repeatedly banned.In my country’s listed companies,there are also many financial frauds,and there is a tendency to intensify.From 2011 to 2021,the number of listed companies that were investigated and punished for suspected financial fraud basically showed an increasing trend year by year,and there were also a lot of investigations due to irregular disclosure of information.Such behaviors of listed companies have brought serious harm.Many investors have lost confidence in the market,and it is difficult to maintain the economic order effectively.In severe cases,it may hinder the development of society and economy.Therefore,the prevention and control of such phenomena has attracted enough attention.By adopting a variety of methods to clarify the means and motivations of listed companies for financial fraud,targeted rectification plans can be put forward,which is conducive to preventing the occurrence of such phenomena.In this study,based on the analysis of specific cases,combined with the theory of fraud risk factors,the financial fraud case of JY Media was deeply studied,and then the motivation and specific means of the company’s fraud were identified,and a scientific and effective plan to reduce the occurrence of financial fraud cases was proposed.In the introduction,it systematically introduces the research status and the practical significance of this paper,summarizes the research progress in this field,and puts forward its own research ideas;secondly,the paper defines the concept of financial fraud,and introduces the theoretical basis of this paper-the theory of risk factors.Meaning and main content;Thirdly,the paper sorts out the development process of JY Media from backdoor listing to forced delisting,and on this basis,uses the risk factor theory to analyze the motivations that lead to the occurrence of YJ Media’s financial fraud,combined with specific financial data,analyze the various financial fraud methods of the enterprise,such as illegal related-party transactions,inflated income,concealing costs,etc.;finally,based on the analysis of YJ Media’s financial fraud methods,from three aspects: the enterprise,the intermediary agency,and the securities regulatory department Propose corresponding preventive measures.