Zixin Pharmaceutical Related Fraud And Audit Strategy

Affiliated party fraud in recent years,the seeds of audit failure case commonplace,lead to the social public interests not guaranteed,it shows that the present small and medium-sized accounting firms audit strategy can not effectively track and avoid those leading to the audit failure of financial frauds.Related party transactions for fraud in modern finance has become the common ways of various enterprises,some enterprises under the influence of the certain pressure or opportunity,will be desperate to choose relatively strong concealment and well control the related party transactions of financial reporting profits,this behavior serious impact on the stability of the financial markets.But due to the affiliate transaction behavior diversification and concealment,common audit strategy is the audits control,they will deal with the auditor's audit strategies will fraud rationalization.Current situation,the audit of the audits associated business aspects of inspection as a primary task at present in the audit work.Our country securities market only strengthen related party,complete related party supervision system can stop big shareholders misappropriation of small shareholders and others,normal maintenance capital market operation has significant meaning.At the same time financial software development company to keep pace with the development of modern new technology,new technology such as large data and artificial intelligence are used in the field of audit software,help the auditor quality audit task.In this paper,ZiXin Pharmaceutical Limited by Share Ltd as the object,the ZiXin Pharmaceutical in the related party transactions fraud audit process problems.The first part is introduction,mainly elaborated the present use of the status quo of the affiliated party transactions fraud has aroused attention increasingly,and then put forward the research purpose and significance of this article,expounds the main content of this article in detail at the same time,research methods.The second part expounds the theory and current situation of related party transactions,analyzes the theoretical basis of the emergence and development of related party transactions,and further discusses the related party transactions fraud and audit status.The third part is the case background,in the previous theory on the basis of ZiXin pharmaceutical process of related transactions facts and for the fourth part of case analysis and audit strategy is put forward to provide factual basis.The fourth part is the detailed analysis of the Zi Xin pharmaceutical the reasons of financial fraud,and puts forward the use of traditional audit strategies in data and new technologies such as artificial intelligence to prevent financial fraud of listed companies,the feasibility of the audit strategy.The fifth part is the conclusion and prospect,think about himself in writing this article is good for the future expectations,and put forward the vision of the future and some deficiencies in this paper can improve.