Research On Financial Fraud And Governance Of Listed Companies

In recent years,the financial fraud cases of domestic listed companies have been continuously exposed by the CSRC and the media,and financial fraud has attracted special attention from the industry.In the exposed cases,most of the listed companies used deceptive measures in order to obtain benefits.Therefore,financial fraud will have serious social harm.The most direct consequence is that numerous investors have suffered huge economic losses.The financial fraud has undermined the company's own development,affected the allocation of resources in the capital market,and caused the listed company's regularly disclosed financial reports and related audit reports to lose its due fraud warning effect.This article uses literature,quantitative,case studies.Firstly,it introduced the domestic and foreign research dynamics and reviewed these research literatures.The concepts and related theories of financial fraud are defined,and the research scope and research content are determined.Secondly,they selected a typical case for analysis and introduced their main fraudulent measures from the 2016 to the 2018 years,taking the case analysis as a clue,the statistics on the financial fraud of listed companies in recent years.And through the announcement of the administrative penalty announced by the CSRC,it has been found that fraud has become increasingly fierce in recent years,and it is extremely urgent to prevent and cure fraud.Then,the article analyzes China's financial fraud governance system from various angles of corporate governance structure mechanism,audit department,laws and regulations.Finally,this article puts forward suggestions for implementing the financial fraud governance system from various aspects such as strengthening internal corporate governance,perfecting the external audit system,and strengthening the supervision of regulatory agencies.The study of financial fraud in this article has not only promoted the improvement of the policies and corporate governance of capital market supervision departments.Delivering useful information to stakeholders in the capital market also has important implications for the development of accounting standards.Its practical significance is mainly reflected in the following aspects: It is easy for the company's supervisory department to formulate more effective supervision measures and provide scientific decision-making guidance for the company's stakeholders.Facilitate the scientific design of the company's internal governance mechanisms,improve the formulation of accounting standards and improve the study of accounting theory research.