Research On Operating Income Fraud And Audit Countermeasures Of A Texyile Limited Liability Company

With the continuous development of economy and progress,the company faces competition pressure changes,the living environment is increasingly complex,the possibility of some company financial fraud is increasing,fraud means diversification,CPA faces the challenge of increasing audit risk and difficulty is also growing.Business income is the main body of enterprise production or sales.It is the carrier to obtain funds and realize value.It is also the main embodiment of enterprise capital utilization efficiency.Due to the complexity of income recognition and measurement,business income fraud is characterized by specificity and complexity.In order to improve this phenomenon,China promulgated the new auditing standards in 2016.In 2017,it revised and issued the accounting standards for Enterprises No.fourteenth--income(accounting[2017]22),which made new provisions for the determination and audit of enterprise income.But for the audit of enterprise,especially the income of fraud audit is not relaxed,we need to focus on the business income of fraud,mainly mining revenue fraud and its formation mechanism,find countermeasures scientifically,in order to establish a long-term mechanism to deal with revenue fraud.First of all,take income fraud and its audit theory as the breakthrough point.Secondly,the author take A textile company as the main research object,mainly through the review and analysis of its accounting and some original vouchers,looking for the audit evidence of concealing earnings or increasing revenues.Then it analyses the motivation of its fraud from multiple angles and the reasons for its complete fraud.Finally,according to the theoretical knowledge,accounting analysis data and fraud motives and reasons,the author put forward audit strategies for small and medium-sized enterprises similar to A textile limited liability company.The innovation of this paper is mainly to take A company as a case to analyze its fraud means and motives.It is hoped that based on the audit strategy put forward by A,it can be applied to other SMEs,which will provide some help for CPA to audit SMEs in the future.