The Research On Auditing Startegy About Listing Companies' Financial Fraud

In the context of the rapid development of the current capital market,investors in the investment decision-making more and more concerned about the public disclosure of listed companies financial infonnation,some of the financial indicators on the profitability of investors is the investment choice has played a key role The Under such a premise,publicly disclosed disclosure of financial information authenticity is becoming increasingly important.However,since the establishment of China's securities market,fraud incidents in China frequently appear.In the domestic and foreign capital markets,listed companies through financial fraud to mislead investors to make the right way to repeat the repeated,and showing a growing trend.This phenomenon seriously hindered the socio-economic development,seriously undermined the economic order of the securities inaiket,and investors lose confidence in investment.Financial fraud will not only lead to the distortion of the company's financial information transmission,but also affect the economic benefits of the report users,the development of the capital market has played a role in promoting the reverse.Therefore,it is imperative for the accounting firm to effectively identify financial fraud and protect the interests of investors and other stakeholders from infringement.This paper analyzes the causes of financial fraud,the causes of fraud,the consequences of fraud and the reasons for the failure of accounting firm,and summarizes the reasons for the failure of financial fraud audit of Shanghai DaXihui Co.,Ltd.,which was published by the Securities and Futures Commission in 2016.Great wisdom and Lixin accounting firms violated accounting standards and professional ethics.On the basis of this,the article from the relationship between listed companies and external institutions,listed companies where the industry,the company as a whole,the company's financial characteristics and commonly used fraud means five aspects of the accounting firm how to better identify fraud The focus of the analysis and from the macro point of view for the accounting firm put forward a set of audit countermeasures.The innovation of this paper is to use the theory of risk factors to analyze the motivations of the great wisdom of fraud.Based on the analysis of the reasons for the failure of financial fraud and the reasons for the failure of Lixin firm,the author sums up the relevant policies,regulations and professional ethics of the company and the firm,and according to the listed companies such as the great wisdom of the listed companies Put forward a more comprehensive means of financial fraud and related audit measures.