Research On Financial Fraud In The Reorganization Assets Of JINYA Technology

The authenticity of the financial information of listed companies is an important guarantee for the stable operation of the securities market.False and distorted financial fraud has seriously affected the healthy development of listed companies in China.The unreality of accounting information has seriously disrupted the social and economic order.As far as the whole society is concerned,real accounting information is an important social resource,and the quality of accounting information directly affects the legitimate rights and interests of external investors.The financial fraud of listed companies has seriously damaged the integrity of the accounting profession.Honesty and trustworthiness are the basic requirements of social morality and the most basic moral standard for every citizen.As an accountant who needs to handle large amounts of money frequently,they should be more honest and objective.Financial information fraud not only seriously damages the resource allocation mechanism of the capital market,but also harms the interests of investors.In recent years,China's financial fraud incidents in the A-share market or listed companies in the New Third Board and the Growth Enterprise Market have occurred one after another.Therefore,it is necessary to analyze and study the current status of financial fraud in Chinese manufacturing enterprises,such as motivation and means,and explore some effective methods of governance.On June 4,2015,the China Securities Regulatory Commission conducted a financial investigation on Jinya Technology.In January 2016,Jinya Technology not only acknowledged the fact that there was financial fraud within the company,but also recognized that the majority shareholder occupied the company's funds,resulting in inconsistencies in the accounts.In the financial adjustment report issued by Jinya Technology,the company adjusted the total amount of the nine financial indicators by about 1.2 billion yuan,and the adjustment range was shocking.This paper firstly sorts out and summarizes the domestic and foreign literatures on the reasons for the financial information of listed companies,explains the background of research and development in this field at home and abroad,and introduces some international theories about the causes of financial fraud.Secondly,this paper uses the method of statistical description to study the status quo and characteristics of various financial fraud behaviors of listed companies in China,and analyzes the causes of financial fraud in listed companies in China.Finally,this paper focuses on the specific analysis of financial fraud cases in the process of asset restructuring of Jinya Technology Co.,Ltd.,taking Jinya Technology's major financial fraud incident as an example,analyzing the financial fraud methods and characteristics of the company,and analyzing them in a targeted manner.The internal and external motivations behind Jinya Technology's financial fraud;then,based on the internal management problems of Jinya Technology in this major financial fraud incident and the analysis of the internal system defects involved in Jinya Technology's financial fraud,according to China's current Based on the actual situation and the background of institutional reform with information disclosure as the core,this paper constructively puts forward some effective measures to prevent the occurrence of financial fraud in Jinya Science and Technology.