Research On The Influence Of Internal Control Environment On Financial Fraud Based On Huaze Cobalt Nickel

In recent years,although the prevention and identification measures for financial fraud have been continuously improved,and the supervision and punishment of financial fraud has been continuously strengthened,the cases of financial fraud of listed companies are still repeatedly prohibited.The occurrence of financial fraud is not only closely related to external third-party audits,but also inseparable from internal factors.The internal control environment,as the basis of internal control,plays an important role in the construction and improvement of internal control systems.The internal control environment has an important impact on the quality of accounting information of enterprises.At present,there are still many places in the internal control environment of listed companies in China.For example,the irrational structure of corporate governance,the imperfect design of institutional setup and distribution of powers and responsibilities,the imperfect corporate culture and the ineffective internal audit,etc.,must constantly optimize the internal Control the environment,thereby improving the quality of corporate accounting information and reducing the occurrence of financial fraud.Based on the above background,the research question in this paper is:how the internal control environment affects the accounting information quality of enterprises,and proposes feasible suggestions for avoiding the financial fraud of listed companies from the perspective of internal control environment.Research Status:Scholars have generally studied the relationship between internal control and financial fraud.From the perspective of internal control environment,the only research is to simply describe the relationship between the two or the relationship between internal control elements.Few studies have detailed the internal mechanisms affecting the quality of accounting information from five aspects based on the case perspective.This paper combines theory with case,first combs the basic theory of internal control environment and financial fraud,and then reviews the related literature of the relationship between the two.The case part analyzes the five aspects of the internal control environment of Huaze Cobalt and Nickel and explores the relationship between these defects and financial fraud.Finally,this paper proposes relevant governance recommendations,in the hope that other companies can recognize the importance of the internal control environment.The application value of this paper lies in the fact that the current financial fraud cases are repeatedly prohibited.The enterprises are basically due to inadequate internal control and the internal control environment needs to be improved.This paper will combine the case analysis from the perspective of internal control environment,design and improve the weak link of the internal control environment,and reduce the possibility of financial fraud from the internal design of the enterprise.