Research On Financial Fraud Of Listed Companies And Preventive Measures

In today's society,China strongly supports the development of various enterprises,and relevant policies are gradually being implemented.The entire capital market is gradually improving.However,listed companies do not meet the status quo of development and want to seek more development opportunities.Therefore,financial frauds are endless.The financial fraud of listed companies disrupts the harmonious market order,which not only causes negative impacts on enterprises,but also causes heavy losses for many investors and has a bad impact on society.Although the Chinese government has been aware of the seriousness of financial fraud and has issued corresponding laws and regulations to curb fraud,it still cannot stop listed companies from blindly pursuing profits.In recent years,domestic and foreign financial fraud incidents have occurred frequently,and there have been financial fraud scandals such as Wanfushengke,Xindadi,Erkang Pharmaceutical and Jingang Glass.These incidents of financial fraud have caused chaos in the capital market,which not only lost the internal interests of the enterprise,but also had a huge impact on external relevant personnel and institutions,disrupting the order of the securities market.In order to study the methods and precautions of financial fraud of listed companies,this article takes diamond glass as an example to study the annual financial data of Jingang glass,and compares it with industry data.In detail,it explores the theory of triangle and risk factors.The reasons and influence of financial fraud of Jingang Glass specifically analyzed the means of financial fraud of this enterprise.Finally,in order to prevent China 's listed companies from continuing to exhibit frequent financial frauds,we have to find preventive methods from our government agencies,intermediaries,enterprises themselves and investors to create a better development atmosphere for our market.