The Research On The Accounting Fraud In Chinese Listed Company SY

Accounting Fraud already exists in the capital market for many years, has become our annual common theme, but it has often talk about new features often, fraud seriously hamper China’s economic development. Accounting fraud is often a direct result of abnormal fluctuations in stock prices, resulting in huge losses for investors, while preventing the company’s sustainable management.The industry continues to have a profound reflection of accounting fraud problem, analyze motives accounting fraud occurred mainly means and harm, how to effectively prevent accounting fraud is a real problem in the capital markets should be solved.This article introduces the theory of accounting fraud, fraud triangle theory pressure from accounting fraud, motivation and excuse three aspects of the fraud motivation. Bounded rationality theory and principal-agent theory is based on people-oriented, it analyzes the causes under the premise of enterprise ownership and management separation of accounting fraud. Internal control of accounting information from the theory of internal control, elaborates a weak control environment is not conducive to producing high quality.The third chapter describes the current situation SY companies, including corporate profiles, results of operations and of internal control and governance institutions, and then to SY’s accounting fraud means, revealing SY company stock through false by way of inflated profits, use of fictitious purchase and sale contract method of fictitious discounted notes receivable, notes payable were related party transactions by bank acceptance, it will be a one-time recognition of deferred government grant recognized in current operating income, unreasonable R & D expenses capitalized, included in the current construction in order to obtain state benefits and support for high-tech industry tax on the loan contract in the absence of special circumstances in accordance with the general borrowing special loan accounting, borrowing costs are capitalized on the subjective intent delay Capitalised derecognition point in time, to extend the range of capital and other.hen the SM company’s accounting fraud from continuing operations Motivation pressure, pressure management performance evaluation, internal control useless and analyzed four accounting firm to act, etc., and followed up on the cases of corporate accounting fraud harm caused by its serious It undermines the credibility of the enterprise; and finally, for the company’s specific accounting fraud problem exists, combined with analysis of the 2014 statistics of the Commission of China’s listed companies’ financial fraud case, made from strengthening internal controls, improve the corporate governance structure, establish a sound management incentive mechanism and increase the penalties for fraud and periodic replacement of accounting firms and other six recommendations to effectively prevent and deal with accounting fraud.