The Case Study Of J Company Financial Fraud

With the accelerating process of globalization,the market competition becomes more and more intense.In order not to be fall behind from the wave of development,more and more enterprises through the business transformation and innovation to survive and develop.But there are some companies holding chances and do financial fraud to get a gorgeous "coat." Through this case study to found the problems,it can guide the investors and the public to analyze and understand the financial reports,so that it can maximize the identification of the problems of financial reports.According to the problems to formulate solutions,it is conducive to the quality of financial reporting of listed companies.In recent years,the frequent occurrence of financial fraud incidents has impacted the stable order and development of capital market,and also blow to investors' confidence severely.How to summarize the experiences to minimize the likelihood of financial fraud in the future,There're great meaning to the securities market's healthy development and the protection of investor's interests.The article is from the research background and the research significance to takes J company as the research object,summed up the research results of domestic and foreign financial fraud problems,and based on the basic theory of financial fraud.Using the literature research method,case study method and event research method to analyze the J company financial fraud case.First of all,introduce J company and industry,and review the whole event,combining with the enterprise and industry characteristics,the "Fraud Triangle" to the analysis of the reasons for financial fraud.respectively,the J Company's fraud excuses,pressures,opportunities.Scondly,analyzing the methods used by J company,including fictitious purchasing data,fictitious money funds,etc.And compared with the main means of some financial fraud cases in recent years.In addition,the use of financial data to the J company's fraud identification and confirmation,the Law of Merit in the application,and has been punished by other companies compared.Thirdly,from the company market value,corporate image credibility and company shareholder three angles,analyze the impact of the financial fraud incidents,and use accounting knowledge of J Company financial Fraud annual financial indicators detailed analysis,compared with the same industry.Finally,through the J company Financial Fraud case study and analysis,put forward the listed company financialfraud should take precautions.By strengthening the legislation and punishment of the supervising department,strengthening the service quality and mode conversion of intermediary institutions,strengthening the internal control and quality construction of the financial personnel,we should deal with the problems and draw a conclusion.Only in advance of preventive measures,preserving before event,controlling in the event and dissolving after the event,can reduce the occurrence of financial fraud incidents,comprehensively improve the security of China's securities market,create a good investment atmosphere for the vast number of investors and establish a good investment environment for the rapid development of China's securities market to provide protection.