Research On Financial Information Distortion And Controlling Mechanism Of Listed Company

Securities market is an essential part of the capital market. Its healthy development is critical to the development of national economy. However, the fraudulent practice in information disclosure has happened seriously by the ten years. Financial fraudulent behavior has been a social issue beyond accountant field. It does huge harm to the society, not only damaging the interests of investors, but also destroying the running mechanism of whole capital market along with the principle of 'justice , equity and publicity'. In Chinese and foreign press conference held on Marchl4 of 2005, Premier Wen Jiabao remarked: "The standardization of market and protection of investors' interests should be regarded as the focal problem to solve in China this year." Therefore, how to identify accounting fraud in its early stage, the research on the cause of financial fraudulent behavior and measures of prevention and cure becomes the emphasis in current accountant field.The paper has five chapters:1. introduction. The first part introduces the background knowledge, the significance of the study, the content and structure. It also give an explanation of "financial information distortion" which is the object of the study.2. The significance of financial information disclosure of listed company. It points out the significance through the aspects of securities market, investors, governors, which indicates the hazardous nature of financial fraudulent disclosure.3.The exposure of financial information distortion. It points out the reality of financial fraudulent disclosure of listed company. It also analyze the categories of the common and hiding fraudulent practice based on specific cases in china.4. The reason of financial information distortion of listed company. Analyze the mechanism of occurrence of financial fraudulent disclosure from the points of view of government analysis, corporate governance theory, securities market analysis, supervision institution analysis, accounting standards analysis which is classified to environmental factor and direct cause.5.The study of control mechanism of financial information distortion. On the basis of using advanced domestic and foreign financial fraudulence theories, also combined with the mechanism of occurrence analyzed previously, put forward a series of efficient methods and proposition in view of distinction and management...