The Study On Internal Control Of Financial Fraud In Gee Ya Technology Co.Ltd.

Since the 21 the century,with the increasingly improved socialist market economics in our country, the modern corporate system has been gradually set up and SME Boards also began to establish internal control system, following the step of the development. At present, internal control of China's small and medium-sized enterprises still lies in the initial stage and stays in the institutional level,which is awaited to be deeply researched and explored.As China hasn't explicitly established a modern enterprise system, resulting in some shortcomings in the internal control of the enterprise, therefore it's urgent for China's small and medium-sized enterprises to enhance the establishment of internal control and management.Internal control structure can be improved by good internal control system,so that enterprises become bigger and stronger. Considering the disclosure of illegal information of China's listed company can't be stopped and the GEM itself has greater risk, financial fraud events of growth enterprise often occur. so the GEM market is facing a greater crisis.The investor's enthusiasm for the GEM market has gradually reduced.Based on case analysis and relevant theories of internal control, combined events with theories and supplemented by appropriate data and graphs, this paper has researched the problems in the process of information disclosure and financial fraud of Jinya Science and Technology. Firstly, the process of fraud of Jinya Science and Technology was reviewed,and the published false information., the motives of financial fraud and the causes of successful implementation were explained.Then the shortcomings in internal control management of Jinya Science and Technology were analyzed. Finally, it was pointed out that the listed companies should optimize the internal control, and corresponding rationalization suggestions were proposed.Adjusting the governance structure to a certain extent, perfecting the supervision system and establishing corresponding laws and regulations should be adopted to ensure the successful implementation of the work. It was expected to provide a reference to the internal control management of China's small and medium-sized enterprises.