Analysis On The Financial Fraud In Mergers And Reorganization Listing Of Nine Top Group

In 1930 s,the economic crisis sweeping the world confirms that the authenticity of the financial reporting information is a necessary condition for ensuring the healthy development of the securities market,the performance of the stock market can reflect the economic situation of a country or region.Although the Securities Regulatory Commission makes strict checks on the listed companies and the successful companies that have already been listed,there are still many irregularities.The financial fraud of Merger and reorganization will jeopardize the effective operation of the stock market and the reasonable configuration of the whole social resources.The successful listing of the listed companies by using their own characteristics to make financial fraud will affect the capital market and damage the interests of the investment.The supervision of the securities market plays a crucial role in the development of the securities market.Scientific supervision measures can effectively control the shortage of the securities market,protect the legitimate interests of investors,and ensure the stability and transparency of the securities market.characteristics of mergers and acquisitions,financial fraud motivation and means;the third chapter is the analysis of the nine group of mergers and acquisitions of financial fraud cases.From the beginning of the nine group of false identification,analysis,false means of punishment and final acceptance;the fourth chapter through the Nine Top Group fraud case,analysis of the causes and the opportunity of its produce;the fifth chapter is the conclusion of this paper,put forward some suggestions for improvement of the company,intermediary agencies and regulatory agencies,improve the regulatory mechanism starting from the source of fraud,improve the current problems to curb fraud behavior of listed companies.The motivation of the company's merger and reorganization financial fraud is related to the intermediary agencies,so the relationship and cooperation between the companies and the intermediaries should be limited.We should find the motive method from the three aspects of the company itself,the external audit and the supervision to reduce the company's counterfeiting.We should strengthen the audit of the proposed merger and acquisition of restructured company from the outside of the company's financial supervision;When the securities and Securities Regulatory Commission(CSRC)audits whether the company has reached the conditions of listing,it shoulddesalination the profit judgment of the company and pay attention to the authenticity of the disclosure of information.