| Collection Title: | SIU IS | | Title : | Analysis of XinTai Financial Fraud | | Material Type: | printed text | | Authors: | Yang Fan, Author ; Eksiri Niyomsilp, Associated Name ; Fuangfa Amponstira, Associated Name | | Publisher: | Bangkok: Shinawatra University | | Publication Date: | 2020 | | Pagination: | viii, 78 p. | | Layout: | Tables, ill. | | Size: | 30 cm. | | Price: | 500.00 Baht. | | General note: | SIU IS: SOM-MBA-A-2020-09
Independent study [M. [MBA-Accounting]] -- Shinawatra University, 2020 | | Languages : | English (eng) | | Descriptors: | [LCSH]Accounting
[LCSH]Financial statement
| | Keywords: | Financial Fraud,
Theory of Fraud Risk Factors,
Financial Statement Analysis,
Prevention and Control | | Abstract: | China's security market started late. The history is short. But such cases of financial fraud continue to occur. This phenomenon is not only in our country, but in the whole world. It has not found a way to truly eliminate it. These financial frauds will have an indelible impact on the security market, and it takes a long time to recover. Not only is it eroding the interests of investors. And it is not conducive to the use of social facilities. Therefore, we should strengthen the research on financial fraud, and take early prevention. We should strengthen the prevention and control of such financial fraud in our country. To promote the healthy and fair development of the security market.
This paper takes Xintai electric financial fraud as an example. First of all, it introduces its fraud cases, and then analyzes the means of its fraud, including four aspects: the reduction of accounts receivable, the preparation of less bad debts, the use of tax incentives and less material cost. After that, the two aspects of financial statements and financial indicators are also analyzed, including the changes in the assets and liabilities items, the composition, the profit table, the internal logical connection between the cash flow statement, the analysis and comparison of the operation ability and profitability of the same industry. Secondly, using the theory of fraudulent risk factors to analyze the motivation of the financial fraud of Xintai electric, we find the lack of legal awareness of the integrity of the company's internal managers. Secondly, in order to go on the market and to keep the market after the market, it is due to the performance of the company in order to protect the city. Counterfeiting is not easy to find, and the punishment is very low after being discovered. All factors combined together make Xintai electric successfully cheat. Finally, aiming at the emergence of fraud, according to the motivation of fraud, we put forward some measures, such as strengthening moral quality construction, introducing external supervisors, high reputation independent directors, implementing audit rotation system and improving illegal costs.
The Xintai electric event has an important significance in the history of the development of China's security market. The in-depth study of the Xintai electric event can play a vigilant role in other companies that have not been fraudulent. In addition, through the study of financial fraud and other behaviors, it is beneficial to the scientific development of the capital market. It is beneficial to establish effective protection mechanism for investors. It is beneficial to improve the supervision and to build a harmonious and developing economic environment. | | Curricular : | BBA/MBA | | Record link: | http://libsearch.siu.ac.th/siu/opac_css/index.php?lvl=notice_display&id=28031 |
SIU IS. Analysis of XinTai Financial Fraud [printed text] / Yang Fan, Author ; Eksiri Niyomsilp, Associated Name ; Fuangfa Amponstira, Associated Name . - [S.l.] : Bangkok: Shinawatra University, 2020 . - viii, 78 p. : Tables, ill. ; 30 cm. 500.00 Baht. SIU IS: SOM-MBA-A-2020-09
Independent study [M. [MBA-Accounting]] -- Shinawatra University, 2020 Languages : English ( eng) | Descriptors: | [LCSH]Accounting
[LCSH]Financial statement
| | Keywords: | Financial Fraud,
Theory of Fraud Risk Factors,
Financial Statement Analysis,
Prevention and Control | | Abstract: | China's security market started late. The history is short. But such cases of financial fraud continue to occur. This phenomenon is not only in our country, but in the whole world. It has not found a way to truly eliminate it. These financial frauds will have an indelible impact on the security market, and it takes a long time to recover. Not only is it eroding the interests of investors. And it is not conducive to the use of social facilities. Therefore, we should strengthen the research on financial fraud, and take early prevention. We should strengthen the prevention and control of such financial fraud in our country. To promote the healthy and fair development of the security market.
This paper takes Xintai electric financial fraud as an example. First of all, it introduces its fraud cases, and then analyzes the means of its fraud, including four aspects: the reduction of accounts receivable, the preparation of less bad debts, the use of tax incentives and less material cost. After that, the two aspects of financial statements and financial indicators are also analyzed, including the changes in the assets and liabilities items, the composition, the profit table, the internal logical connection between the cash flow statement, the analysis and comparison of the operation ability and profitability of the same industry. Secondly, using the theory of fraudulent risk factors to analyze the motivation of the financial fraud of Xintai electric, we find the lack of legal awareness of the integrity of the company's internal managers. Secondly, in order to go on the market and to keep the market after the market, it is due to the performance of the company in order to protect the city. Counterfeiting is not easy to find, and the punishment is very low after being discovered. All factors combined together make Xintai electric successfully cheat. Finally, aiming at the emergence of fraud, according to the motivation of fraud, we put forward some measures, such as strengthening moral quality construction, introducing external supervisors, high reputation independent directors, implementing audit rotation system and improving illegal costs.
The Xintai electric event has an important significance in the history of the development of China's security market. The in-depth study of the Xintai electric event can play a vigilant role in other companies that have not been fraudulent. In addition, through the study of financial fraud and other behaviors, it is beneficial to the scientific development of the capital market. It is beneficial to establish effective protection mechanism for investors. It is beneficial to improve the supervision and to build a harmonious and developing economic environment. | | Curricular : | BBA/MBA | | Record link: | http://libsearch.siu.ac.th/siu/opac_css/index.php?lvl=notice_display&id=28031 |
|
Add the result to your basket Make a suggestion Refine your search Apply to external sourcesSIU IS. Analysis of XinTai Financial Fraud / Yang Fan / Bangkok: Shinawatra University - 2020
