Research On Listing Corporations Related-party Transactions Fraud And Audit Strategies

Chinese market economy is getting stronger and stronger,but the relationships among companies have become more intension and structure of corporate becomes more complex;At meantime,New business models keep coming out.The related parties'trading phenomenon appeared at the very beginning of the economic reform,and there are increasingly trading phenomenon and amount of money by market changing;Under the financial market,related parties' trading phenomenon become more subtle and more difficult to supervise by regulators.For some tax evasion and forged profits purposes,some companies use the unfairness method to create fake financial reports.In the meant time,this illegal behavior breaking the market directed administer order.Unfairness trading has been contained and supervised by related lows come out,but there are still many companies doing the wrong things.Those companies take advantages of complex stock right structure,new business model,and unrelated related trading;those companies escape from supervise,manipulate profits and do the other illegal things which is breaking the order and balance of market economics.Because of the elusive and complexity of the related-party transaction,the related-party transaction brings difficulties and challenges to the certified public accountants.We should learn more about the advantages and disadvantages of the related-party transaction,and we also should have a deeper understanding of knowledge about related-party transaction's audit strategy.Aim at the non-fair connected transaction of the present market environment,and this dissertation summarize the conception,characteristics and relevant regulation of related party and related-party transactions based on the summary and analysis of research in China and abroad at present.This dissertation focuses on definitions and identification of a related party,fraud motivations and means of related-party transactions.For instance,ZIXIN PHARMACEUTICAL INDUSTRIAL,on the one hand,the dissertation discussed about the characteristics,motivations and recognition methods about related-party transactions based on auditing principle;On the other hand,the dissertation also suggests the same principle for audit of related-party transactions,and proposes recognition and audit strategy for different related-party transactions from a practical point through this case.Last but not least,the dissertation raise supervision suggestion about non-fair connected transaction finally.