Research On The Improvement Of The New Third Board Financial Treasury Of T Accounting Firm Based On The Case Of H Company

Since the expansion of the NEEQ(National Equities Exchange and Quotations)in2012,the New Three Board Market in China has maintained rapid growth.However,as most of the companies to be listed on the New Third Board are small and medium-sized enterprises and micro enterprises,they are still in the initial stage of the enterprise life cycle.There are widespread problems such as non-standard financial accounting and incomplete internal control systems.In the case of disclosure of information,violations of laws and regulations have been publicly criticized by the NEEQ,the CPA firms and brokers who are intermediaries have also been unable to escape punishment.Therefore,the CPA firm should strengthen its risk management when undertaking the project for the New Three Board to be listed.This will not only improve the quality of enterprises in the New Three Board,promote the healthy of the New Three Board Market,it also provides some valuable insights,references and suggestions for practitioners of other New Three Board projects.This paper describes the current status of the financial due diligence work of the T CPA firm,then,analyzes the problems and reasons.With reference to Harvard's analytical framework theory,we establish a New Three Board financial due diligence analysis framework with strategic navigation,accounting analysis and adjustment,financial analysis based on accounting adjustment,prospect analysis and risk identification.The specific process plan is:to obtain relevant information as much as possible ? to modify the relevant accounting information ? to analyze the adjusted financial information ? to forecast net profit and cash flow.Grasping the influence of distorted accounting information on the basis of factors such as macro,industry and corporate level,strengthening the analysis of corporate financial quality,and finally assessing the project company's operating results and cash flows in prospect analysis and risk identification.A sensitivity analysis was conducted to accurately identify the investment risks and the investment value of the proposed listed company,and optimize the accounting due diligence work of the CPA firm.