Questions And Research On Detection For Accounting Fraud Of China's Listed Company

Accounting fraud of listed companies always exists since the securities market has shown up, and brings enormous harm to the socio-economy. And the accounting fraud cases also continued to appear. Accounting fraud of listed companies had a serious impact on social and economic development, and caused a significant loss for investors. This thesis focuses on how to identify accounting fraud effectively.Accounting fraud not only leads to the investors'wrong judgment and decision-making, but also impairs the distribution of market resources and imperils the healthy development of socio-economy. Thus, for the fact that accounting fraud exists in China and its adverse aftermath, it's theoretically and practically important to study it. The thesis studies accounting fraud in two respects. Firstly, analyzes the reasons giving rise to the accounting fraud of Chinese listed companies, basing on the contract theory, principal-agent theory and limited reason theory; and elaborates the factors of accounting fraud. Secondly, logistic regression is used in positive analysis to crosscheck accounting information between the companies with and without accounting fraud. And the notable factors are reserved to build the identification model of accounting fraud, and the model is used to test the incidence rate of accounting fraud. Finally, the conclusions are given and the correspondent policy proposals are suggested.This thesis is made of five sections.First part, introduces the background,the purport, the literature review, the method and research ideas. Second part, studies the theories related to accounting fraud. The definition of accounting fraud is given first, and theoretically explains the reasons giving rise to the accounting fraud, which supports the idea of improving the ability of accounting information users to recognize accounting fraud.The third part carries out the factor analysis and path analysis of identification of accounting fraud of the listed companies in China.The fourth part carries out the empirical analysis of the identification of accounting fraud of the listed companies in China. Logistic regression is used to build the identification model of the accounting fraud of the listed companies in China, and then the model is fully elaborated and tested.The fifth part shows the research conclusions, policy proposals and the limitations.