Research On Financial Fraud Of Sunlight

After the reform and opening-up,the rapid development of China’s market economy has helped a large number of enterprises to rise rapidly.In the process of the Development and growth of enterprises,capital plays a more and more important role.But at the same time,financial fraud cases have also been exposed frequently.In recent years,the amount of fraud committed by Jinya technology,Kunming machine tools,Yabaite and other companies has been huge and shocking,and the means of fraud have also varied widely,it not only forms the bad competition to the same trade company,has disturbed the market operation order seriously,also has hit the market investor’s confidence,the influence which the financial fraud produces is extremely bad.If the phenomenon of financial fraud in the market is not strictly regulated and controlled for a long time,the final operation of the market and the economy will be strongly hindered,unable to develop better and faster.Therefore,the study of financial fraud has important practical significance,only through comprehensive and thorough research,to achieve effective governance of financial fraud.This paper hopes to enrich our country’s achievements in fraud case study through case study and play a positive role in establishing a good market atmosphere.This article uses the literature analysis method and the case study method,takes the financial fraud case of Santa Leda as the research object,carries on the analysis to it and obtains the Governance Financial Fraud Enlightenment.Firstly,the paper expounds the research background,significance,content and method,and then summarizes the current research situation at home and abroad.Secondly,it introduces the related concepts of financial fraud,including meaning,characteristics,means and consequences,and describes in detail the theory of fraud risk factor applied in this paper,lay a good theoretical foundation for the follow-up writing of the paper.Thirdly,it is to analyze the fraud case of Santa Leda,after giving a general introduction to Santa Leda and sorting out the time periods before and after the fraud,to elaborate the actual operation process of its fraud means,that is,the two operations of fictitious liquidated damages and government subsidies,as well as the fraud signals in the changes of reporting data caused by this,as the basis for the facts,according to the five risk factors of the reasons for financial fraud.Finally,in view of the five risk factors,we draw the enlightenment to the prevention and control of corporate fraud,specifically:First,to strengthen corporate governance,to improve their own strength to reduce financial pressure,to reduce the motivation for fraud;second,to improve the moral construction of all employees in the company,to create a healthy and good corporate culture atmosphere;to improve internal control,strengthen internal audit and set up an effective defense line from the inside;to give play to the role of external supervision and increase the probability of exposing fraud;and to increase the punishment of fraud from the aspects of laws and regulations,so that the main body of fraud in fear,to curb the occurrence of fraud.