Listed Company's Accounting Fraud of the Causes and Prevention Essay Example

Listed company's accounting fraud of the Causes and Prevention

[ABSTRACT] from the analysis of accounting Information distortion that is illegal, because the accounting fraud, manifestations and hazards start to analyze the accounting fraud of China's listed companies the motivation to find out the real causes of the accounting fraud, and through drawing and learn from foreign countries in the prevention and treatment of accounting fraud experience, to present my accounting fraud prevention and treatment response. [Keywords:] listed company; accounting fraud; Governance 1, the listed company's accounting fraud and harm the performance of the form (A) the manifestation of accounting fraud 1. Fictitious business activities. Listed companies, the most common means of accounting fraud, namely through the fictitious transactions, increasing sales revenue or other income, and inflated assets. Such methods often need to forge Economic contracts to cope with bills, tax invoices, customs declarations and a series of legal documents, which not only had violated accounting rules is contract law, tax law and other important economic laws and regulations of the open defiance and provocation, is of a serious nature economic crime. 2. Manipulation of related-party transactions. Fraud, fictitious companies, apart from economic activity, more by way associated with particular transaction, such as debt restructuring, asset replacement, non-monetary transactions, etc. to achieve the purpose of manipulating results. In a normal transaction of the related-party transactions is justified, earlier this without too many restrictions and regulations, but in recent years, an increasing number of listed companies by the trade name, line of actual control. 3. Accounting methods distort. Compared with the first two types, the use of some special methods of accounting distortions reflect the