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The Causes Of The Accounting Fraud And Countermeasures

Posted on:2004-05-07Degree:MasterType:Thesis
Country:ChinaCandidate:Y Q YangFull Text:PDF
GTID:2206360092985098Subject:Public Finance
Abstract/Summary:PDF Full Text Request
First: The purpose and significance of the thesis It is not difficult to find in recent years the word"sincerity"that appears most frequently. Sincerity is called for greatly in the security market. Deception in Accounting is regarded as one of the chief factors that destroy sincerity. After all, deception in accounting is a profit seeking behavior of human being .It is also a result of the specific institution, and a result that derived from the collision of psychological motive and various kinds of institutions. It is a choice that relevant parties make after weighing between advantages and disadvantages. It is one behavior that regards the acquisition of illegitimate benefits as its objective. Deceptive means is adopted and financial fact is flurried on purpose during the behavior of deception, usually including: forging or making up the accounting materials, concealing or deleting the result of the trade or the item,creating and making up false trades or items out of nothing, using improper accounting policy on purpose, revealing accounting information falsely etc. Therefore, it is a kind of economic behavior that breaks the law in essence. Such great accounting deception cases as represented by "Yinguangxia" make the security market frequently encounter" mine". Investors' confidence is attacked seriously, even beyond the limit that the medium and small investors couldn't endure. Sincerity crisis which deception in accounting leads to has become one of the important factors that caused the stock price fluctuation of listed companies in 2001. Certainly, the depression and dropping sharply of the security market is partly the result of deception in accounting, and deception in accounting really further worsens this condition. Just based on the judgment , people begin to accuse accounting personnel, managers,certified accountants who have direct relationship with deception in accounting, the voice which charges listed companies, big shareholders and managers rises from all around, however,economic loss of investors and whole capital market , especially the medium and small investors perhaps will be unable to be compensated forever.In recent years, a deception in accounting that causes accounting information distorted has destroyed the socialist economic order seriously,impaired interests of investors and dampened the stock owner's investment enthusiasm greatly. Recently, the State Council has already paid more attention to managing economic order at the national height and made arrangement for rectifying market economy order. There have two items among the eight main items involved in accounting information in managing economic order. This has proved false accounting information that must be punished severely. Once, Xiang Huaicheng, minister of the Ministry of Finance, attacked bitterly listed and not-listed companies which have practiced accounting fraud crazily at the forum that" accounting law" was issued on the first anniversary. And it also required that we must strengthen to the fight against the deception and guarantee the accuracy of financial statement, relevant data and the index. According to the arrangement of the State Council, we must accelerate the administration of the deception in accounting, because deception in accounting have existed in listed companies and not-listed companies generally, hindered the working of the capital market and upset the finance and economic order of our country seriously. Moreover, deception in accounting has great destructive effect. So this thesis regards it as the main point to be studied。Second: the basic thought and logic frame of the thesisAt first the thesis analyzes deception in accounting that causesaccounting information distorted, then explains the harm done to society and announces main problems that the thesis will study: Deception in accounting. Deception in accounting has its root and mechanism of existence. The thesis will analyze the theoretical origin of deception in accounting in the modern contr...
Keywords/Search Tags:Accounting information distorted, Deception in accounting, Insider control theory
PDF Full Text Request
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