Analysis On The Disclosure Of Accounting Information Of BoYuan Company

Accounting information can reflect the company's operating conditions from multiple levels.It is a digital language that communicates with investors.The disclosure of information by listed companies that can truly reflect their financial status will be conducive to the maintenance of market order and increase the efficiency of market resource allocation.At present,the diversified development of the capital market,accounting information disclosure violations have always existed,violations will not only seriously affect the operation and reputation of listed companies,but also reduce the enthusiasm of market investors to participate in the capital market,to a large extent affect the allocation of resources effect.It is becoming more and more important for a company to disclose its relevant information to the outside world in a truly comprehensive way.Regulating the disclosure of accounting information has a positive effect on the healthy development of the enterprise and the protection of the rights of small and medium-sized shareholders,and can better promote the healthy and orderly development of the capital market in China.development of.Boyuan Investment Co.,Ltd.due to its serious information disclosure violations not only caused losses to the investors,but also had a serious impact on the reputation of the company and the order of the capital market,and eventually became the first to disclose information.Listed companies whose reasons are forced to delist.This article selected Boyuan Investment Co.,Ltd.as a research case for three main reasons: First,Boyuan Investment is a predecessor of deep-rooted “old-fashioned stocks”,and its delisting outcomes are against listed companies with some delusions in the capital market that rely on old qualifications.With shocking power,the second is that Boyuan Investment has survived multiple equity changes and has been investigated by the Securities and Futures Commission for many times.This time,it has research value in the cause of its catastrophe;Third,although there are forced delisting in the capital market.The listed company's precedent,but because of information disclosure violations are forced to delist the listed company,Bo Yuan Investment is the first,its delisting on behalf of China's determination to rectify the information disclosure of listed companies is of discussion significance.This paper adopts a combination of theory and case,At first,it describes the research background and significance,and reviews the international and domestic scholars on the disclosure of accounting information,the causes and specifications of the related research,followed by the introduction of accounting information disclosure related concepts,quality requirements and theoretical basis,combined with the Bo Yuan Starting from the quality requirements of accounting information disclosure,this paper analyzes the financial status of Bo Yuan Investment and the actual business situation and puts forward the fictitious bank delivery data that Bo Yuan Investment has in information disclosure,conceals actual controller and financial Repeated restatements and other non-compliance with the requirements of the quality of accounting information disclosure issues,in-depth analysis of the internal and external causes of irregularities in the disclosure of accounting information disclosure and the corresponding normative opinions.In terms of internal reasons,the protection of shell resources,ownership structure,internal control,and professional ethics of managers were analyzed as internal drivers of their violations.In terms of external reasons,it analyzed the market supervision,the cost of violations,the information disclosure system,and the quality of the auditors as external inducing factors for their violations.Finally,by analyzing various reasons,this paper puts forward three proposals to standardize the disclosure of accounting information in Bo Yuan,and improves the internal governance,external audit supervision and government supervision,it protects the interests of investors and promotes the development of China's capital market.On the basis of reading related literature,this paper takes case analysis as the main research method,and discusses the problems in the information disclosure of Bo Yuan investment.The conclusion shows that the investment in Bo Yuan should strengthen the construction of internal control,improve the ownership structure of the company and improve the system of the board of supervisors.At the same time,accounting firms and government departments should also improve the quality of supervision,improve the construction of laws and regulations,and increase the intensity of illegal punishment,so as to further standardize the information disclosure of Listed Companies in China.