Research On Accounting Fraud And Audit Countermeasure Of M Company

The current financial fraud of the listed company has become a global problem,how to prevent and control financial fraud of the listed company has always been the focus of attention of governments. Chinese stock market has the history of nearly thirty years, in these years the national economy of China has rapid growth, but at the same time the phenomenon of shortage of funds is widespread which caused by grow too fast. In order to obtain financing to expand or stay in afloat, many listed company rush into danger for financial fraud. Enterprise’s financial fraud will make the information distortion and lack of practical reference value which published by financial report. It has destroyed the stock market’s principle: fair, open and justice, damaged the important role deeply that the stock market in the optimal allocation of resources, hindered the healthy and orderly development of the national economy, further leads to the crisis of social trust.This paper takes the financial fraud case of M company as the research object, use the methods of the analysis of compared to the same period, test the valuation method, re-measure the values and confirmation etc to reveal the fraud means, hope to provide reference and guidance for the users of financial reports to use and analysis financial statements, to provide a new perspective for the majority of users of financial reports to analysis the financial statements, help them learn to use dialectical point of view problem, make the financial statements to restore the real credible financial information, and to provide reference for making investment decision. Meanwhile, through to analysis the financial fraud means of M company and the research of audit counterplan, hope to standardize the related employees’ professional ethics, improve the enterprise manager’s management ability, establish the sound internal control mechanism, draw up the corresponding financial system, enhance the enterprise’s quality, further raise the enterprise’s own business performance, to achieve the real prosperity.