Study On The Recognition Of Foreign Related Party Transaction Fraud

With the acceleration of global economic integration,the wave of overseas development more and more enterprises to develop in depth.Investment involves various sectors of the national economy,substantial growth in manufacturing,financial services,information transmission,software and information service industry investment.Multinational mergers and acquisitions have expanded rapidly to the enterprise scale,enhance the strength,at the same time the acquirer can use corporate mergers and acquisitions in the country where the sales network and brand benefit the rapid occupation of overseas market.International business volume is generally relatively large,in the process of operation,due to business dealings or equity investments,will enable enterprises to form many related parties in the form of overseas.Far distance increases a lot of time and cost to the audit work,different accounting laws and regulations also work to add a lot of trouble.How to solve these problems as soon as possible to save time and cost,has become the focus of the firm and relevant agencies,multinational audit practice development is the first problem to be solvedIn the domestic research on domestic related party transaction audit problems has been carried out,but few studies on foreign related parties.For example,foreign related parties identified,overseas audit risk of the related party transaction point found and how to recognize and foreign related party transaction fraud and so on a series of work,these problems need to further study and exploration.In this paper,the overseas related party fraud as the core content,combined with the recognition of two content of the internationalization and related parties,the motivation of internationalization and entry mode as a starting point,makes some discussion on the internationalization of enterprises overseas related party identification.Taking A company as a case,this paper analyzes the internal and external environment of A company and the problems faced by it,as well as the way and motivation of A company's international operation,summarize the main risk points.On this basis to identify whether it had not disclosed the possibility by overseas affiliates,and compared with the actual situation of A,verify the feasibility of this method.