Financial Statements Of Listed Companies In Fraud And Its Audit Countermeasures

In recent years, the financial statements for fraud a growing problem,Regardless of thenature or the number of very worrying。U.S. top ten financial fraud, while in China in recent years anumber of major cases have surfaced。Speaking of fraud, Enron and Guangxia is bound to becomerepresentatives.In the U.S., many of the fraud caused the loss of hundreds of millions of dollars tocreditors and investors,The world is afraid of terrorists, in the economic sector, fraud than even theterrorists terror;In China, these cases of fraud not only caused losses to creditors, investors, state,and seriously undermined the economic order, also contributed greatly hindered the healthydevelopment of China's capital market.Fraud seriously damage the professional image of theauditing and accounting. Prevent and control fraud is imminent. Not only learn from domesticresearch, and learn from foreign research results from the definition of fraud and other related basictheory, analyzes the financial statements fraud motives, means, pursuant to which the financialstatements fraud audit procedures fraud prevention measures and financial statements. Discourseinvestigated fraud audit of the eternal theme, the paper is divided into the following seven sections:Fraud of the financial statements of listed companies is that the figures presented in thefinancial report, record or notes intentionally misstated, omitted or ignored, the purpose is todeceive financial statement users. From fraud, defining and classifying and drawing on the fourtheories of fraud, the article describes the definitions, characteristics and hazards of the listedcompanies' financial reporting fraud, practice describes the five kinds of corrupt motives, from thestart of the three statements: assets responsible for the table of fraud is asset fraud and liabilities ofthe fraud; income statement fraud is to analyze the revenue fraud and expenses fraud; cash flowstatement analysis of corrupt behavior. For corrupt motive and means to clear the audit objectives,strengthen the career concept, the specifications of the audit procedures to strengthen the audit toprevent practical audit response.In this paper the use of standardized methods approach, combining theory and practice on thefinancial statements of listed companies, fraud audit countermeasures. Its practical value:motivation from the listed companies of fraud, in-depth analysis of its balance sheet, incomestatement and cash flow statement three major financial statements fraud means, targeted theappropriate and feasible audit measures..