Study On Detecting Of Accounting Fraud Of Listed Companies In China

The problem of accounting fraud of listed companies exists over a long period of time in the world, which shows the stock market is inefficient in distinguishing false information from true information, thus making false accounting information exists to a certain extent. If the ability of reading, detecting and feed- backing toward accounting information rising, the condition of information dissymmetry in the stock market can be removed to some degree, so as to attain the purpose of lower the loss of stskeholders. But how we can distinguish the true from false accounting information is a topic to be solved urgently. Thus this thesis launches the research on how to detect the accounting fraud of listed companies of our country.With the angle of relationship between warning signs of accounting fraud and accounting fraud, the thesis analyzes the warning signs from three aspects as Chinese listed companies practicing fraud, which are warning signs of accounting fraud of finance, management and drawback of corporate governance structure. On this foundation, it sets up Logistic model of detecting accounting fraud, launches empirical study. The results show: The financial standing depravation is not only an early-warning signal of the finance crisis, but also is motive signal of accounting fraud; Manipulate to the profits is far higher to the cash of listed companies; CPA exertive the function of "economic police" in certain place, but its audit quantity need to raise; The ownership of share of listed companies in our country is not proper too scatter. According to the research conclusion, the thesis put forward proper suggestions from five aspects of enhancing to take charge of listed companies, improving the finance report publishing policy, evaluating and inspecting to the audit quantity of CPA, perfecting corporate governance structure of listed companies and paying attention to the warning signs of accounting fraud of listed companies continuely.