A Case Study Of Guangdong Xin Da Di Biotechnology Co.,Ltd. Financial Fraud Audit Recognition

With the continuous development of the global economy,financial fraud has continued to occur.As Enron has declared bankruptcy,it has cast a shadow over the global economy.With the continuous development of China's economic development and reforms,some unscrupulous companies are unscrupulous in order to go public.Therefore,in order to reduce the financial falsification of listed companies,it is necessary for auditors to have a pair of "eye-catching eyes" during the auditing process to improve their own auditing and identification capabilities so as to curb the related financial falsification behavior.Taking the listed company as an example,the article first introduced the concept of audit recognition.It requires auditors with rich auditing experience,keen professional insights,and lofty professional ethics.The lack of these factors will also lead to the failure of audit identification.The failure of the final auditing work increased the risk of the company's business operations and caused unnecessary losses to investors.Secondly,it pointed out that listed companies used the means of inflated revenues,reduced costs,and other means to conduct financial falsifications,and the auditors also suffered from audit independence.Finally,countermeasures and suggestions to strengthen the ability of auditors to identify audits were proposed in response to the above issues,including occupational sensitivity at all times.Degree,adhere to professional ethics and responsibilities,consider the rights and amounts related to major assets to prove legal compliance,consider the rights and amounts related to major assets,and prove whether it is legally compliant or not.This paper combines the analysis of the case study of financial fraud in the new earth,the horizontal comparison of relevant data,and the characteristics of the agricultural industry to explore the reasons for the failure of the auditors,and to find out which of the auditors still exist in the auditing process.At the same time,they also have the effect of restricting and preventing the financial frauds of the listed companies.Therefore,it is imperative to effectively improve the auditing and identification capabilities of auditors in order to respond to the increasing financial fraud of listed companies and promote the sound development of the economy.