Research On The Identification And Prevention Measures Of Financial Fraud Motivation In Changyuan Group’s Merger And Acquisition Of Yingke Technology

In the past 10 years,the number of financial fraud cases has shown an upward trend.Financial fraud not only disrupts the healthy market economic order in China,but also hinders the healthy operation and development of the social economy.False income and false performance are common financial fraud methods.The identification and prevention of financial fraud is very important for regulating financial behavior.Therefore,starting from the financial fraud cases of Changyuan Group’s merger and acquisition and Eagle Technology,this article identifies the causes and methods of financial fraud cases and proposes countermeasures to prevent financial fraud.The paper first reviewed the relevant literature on financial fraud at home and abroad,clarifying the research ideas on the issue of financial fraud.Then,taking Changyuan Group’s acquisition of Yingke Technology as the research object,the paper sorted out the case of Yingke Technology’s financial fraud and falsification methods,and explored the case in-depth according to the ideas of analyzing the motive of financial fraud,identifying the means of financial fraud,and responding to financial fraud.Through a deep study of the theory of financial fraud,the analysis found that the motive of Yingke’s fraud was mainly caused by the perpetrators themselves,tempting factors,and inadequate supervision.The paper combined with the M-Score financial fraud prediction model,identified the company’s financial fraud behavior in net profit,cash flow,and cash expenditure,and found that the main means of financial fraud were over-inflating revenue and performance.On this basis,the paper elaborated in detail the specific countermeasures to prevent financial fraud of listed companies.The financial fraud case of Yingke Technology is a typical case,and the financial fraud drivers it covers can be extended to many other enterprises.Therefore,the methods for identifying financial fraud are universal.The preventive measures of this case have a good enlightening effect on financial fraud control.