Case Research On The Manipulation Of Accounting Information By Shandong Molong

Accounting information has more or less influence on all aspects of the enterprise,and it is an important part of the enterprise that can not be missing.Manipulating accounting information involves various issues such as financial fraud,insider trading,and accounting information disclosure.Improving the accounting information disclosure system will have an important impact on the development of enterprises,which will help reduce the agency costs caused by information asymmetry and reduce the total cost of enterprises.We will provide protection for the rights and interests of small and medium-sized investors,enhance the core competitiveness necessary for the healthy and sustainable development of enterprises,and increase their own production capacity in order to maximize the interests of enterprises and achieve fair and open transactions.At the beginning of the establishment of Shandong Molong,it was supported by many parties and developed rapidly.It was a listed company with A+H shares at the same time.However,it was not expected that such a company with a strong background and strong strength would be in an increasingly rigorous period of supervision.The top crime was punished by the Securities Regulatory Commission.The penalty was 153 million yuan and was withdrawn from the market.The case,described by CSRC officials as a classic case of "eating ugly",is therefore well worth studying.In this thesis,through reading and sorting out the literature on the related issues of manipulating accounting information in the past,the research method of case analysis is adopted.Firstly,the paper elaborates the connotation of accounting information,the definition,motivation,means of manipulating accounting information and the related theoretical basis;secondly,it introduces in detail the general situation of the case company,Shandong Meron,including the company's historical evolution,the present situation of ownership structure,the formation process and financial situation;secondly,it discusses the motivation,means,consequences and financial figures of manipulating accounting information from Shandong Molong.Finally,the paper summarizes the inspiration and reference for avoiding such cases from the perspective of the company itself,the legislature,the regulator and investors.Through the study of this case,the hope is to provide some help for future research on identification,prevention and Countermeasures of such problems.The research of this thesis can be used as a reference for other enterprises.It can help shareholders and actual controllers to understand the adverse effects of accounting information manipulation,strengthen the strict control of corporate governance,keep alert to their own behavior,and provide help for the healthy development of enterprises.