An Empirical Research On Financial Statement Fraud And Related Party Transactions Of Chinese Listed Companies

Financial statements fraud has attracted the attention of investors, CPAs and monitors. It not only influences adjustment of macroscopic economy in our country, disturbs order of stock market, but also depresses many investors in stock market to great extent and influences further development of stock market in our country. Especially with share structure reform of our country listed company, that the listed companies had some new change, plus the complexity and concealment of financial statements fraud, caused how to accurately judge whether management authority carried on financial statements fraud, what kind of reason causing the enterprise to carry on financial statements fraud, these methods mainly used to carry on financial statements fraud, how to effectively govern financial statements fraud to currently become urgent problem to solve.A related Party transactions is an event that a transfer of resource obligations takes place between related Parties, regardless whether a Price is charged.That related trades of the listed companies mainly refer to the trades between the listed companies and their business share holders and their subsidiary company.Most of the listed companies is generated from the restructure of the stated—owned enterprises. Therefore the listed company and the stated—owned enterprise have tight business relationship with each other.What's more, the security market is always serviced for the reform of stated—owned enterprises. Finally, the structure in the listed company is unreasonable for that their shareholders of the stated—owned enterprises have peculiar behavior pattern.Because of the reasons described above, it is popular for the related parties conduct business transactions in our country, and there is a great deal of unfair transactions meanwhile.Therefore, the securities market government has lay emphasis on the related transactions between the listed companies nowadaysIn this thesis mainly research financial statements fraud and the related transactions of the listed companies, mainly focuses on the characteristics of the related transactions of the listed companies and the reasons incurred the Present issues. Based on the references in hands, we divided the financial standards into internal and external executive system to discuss separately and provide suggestion to how to perfect the executive system.