Lei Accounting Firm WFSK Fraud Auditing The Financial Statements Of Case Studies

In recent years, the problem of financial fraud and the financial report fraud especially listing Corporation financial statements fraud has reached a very serious stage, whether in nature or in terms of quantity is very surprising. Using the financial fraud fraud means of listing Corporation, and the amount of fraud and false, its duration and in all aspects, are shocking. Listing Corporation financial fraud behavior not only shook the masses of investor confidence, but also seriously damage the reputation of capital market and securities capital market "rules of the game", at the same time, it largely hindered the capital market of our country to change the pace of market-oriented. Of course,the financial report fraud or serious damage to the audit and accounting due to the occupation image. Therefore, prevention and management of fraud is imminent, and at the same time, also become more practical significance to strengthen the research of audit of listing Corporation financial statements fraud countermeasures.This article is the concept of fraud in the financial statements and the financial statements of the CPA to the liability of fraud as a starting point to study how to deal with the impact of CPA financial statements fraud. The whole idea of the CPA respond to the financial statements as follows, reasons for fraud, the CPA must in general deal with in-depth understanding of the operating conditions of the audited entity to identify fraud risks, find out the motivation of the audit financial report fraud, thus the audit method put forward specific. According to the different characteristics of the impact of these fraud audit, the CPA in audit of financial statements should strengthen the overall response to identify the risk of fraud, and then, to make comprehensive use of specific risk, audit method in identifying fraud finally, according to the identification of fraud risk projects targeted for the focus of audit.This paper applied the fraud case is WFSK company’s financial statements fraud case, WFSK company is in before and after listing on the financial statements for the modification and fraud, but the market before and after the financial fraud purpose is not the same, before the listing is to be successful listing; after the listing is to not make the performance decline with the round before listing lies. Means and objective analysis of financial statements fraud for WFSK company through this in the case, points out that the audit of financial statements and for its accounting firm has issued a standard unqualified audit report audit failures, and reasons for the failure of audit are analyzed,finally,according to the reasons for the failure, and puts forward some corresponding enlightenment.