A Case Study Of Accounting Information Disclosure In Wanfushk Companies

The accounting information disclosure of listed companies is the bridge company to communicate with investors and the public disclosure of listed companies,real,reliable,comprehensive and timely information is a prerequisite for the information users to make the right decision.China's stock market started in the early 1990 s,after 20 years of development has made remarkable progress.However,the problem of accounting information disclosure of listed companies is still more prominent,a considerable number of listed companies,accounting information disclosure violations,accounting information fraud and other acts.Especially the influence of agricultural listed companies by their own business projects,business changes rapidly,the main business risk is difficult to predict,some agricultural listed companies have financial statements,inflated accounting data and other acts,causing huge economic losses to the stakeholders,negative impact on the stability and development of the securities market.Therefore,strengthening the awareness of accounting information disclosure of agricultural listed companies,making the high quality disclosure announcement,effectively protect the legitimate interests of investors,improve the transparency of accounting information of listed companies,has an important role to promote sustainable and healthy development of agricultural listed companies.In this paper,Wanfushk Co.,Ltd as a specific case,the accounting information disclosure in 2013 to review the incident,which as the basis for the evaluation of its current accounting information disclosure,around the company's disclosure of information problems and the impact of the proposed targeted of the improvement and optimization recommendations.Specific research ideas are: First of all,according to the domestic and foreign research results and related theoretical basis,the concept of accounting information disclosure of listed companies,accounting information disclosure standard system and related theory to elaborate,lay the theoretical basis of this paper.Second,around the 2013 Wanfushk Co.,Ltd accounting information disclosure fraud,the company disclosed the contents of the data analysis,and the negative effects of the summary;at the same time for the company's accounting information disclosures is not true,not timely,inadequate and non-standard and summarizes and analyze the causes of these problems.Finally,we propose improvement and optimization suggestions in combination with relevant theories.Through the research,this paper found that the low utility of human resources construction,internal governance,backward intermediaries due diligence,not the main external information needs vacancy,supervision department punishment insufficiency are the main factors causing the quality of accounting information disclosure problems.Therefore,Wanfushk Co.,Ltd should improve its information disclosure system,improve corporate governance,improve intermediary functions,strengthen supervision and management of the securities market and regulate the behavior of the government to improve the quality of accounting information disclosure.