Open AccessCITIC Guoan Financial Fraud Case Analysis
Author(s) -
Rui Deng,
Mao Liang
Publication year - 2021
Publication title -
frontiers in business, economics and management
Language(s) - English
Resource type - Journals
ISSN - 2766-824X
DOI - 10.54097/fbem.v2i3.218
Subject(s) - financial fraud , accounting , business , constructive fraud , china , business ethics , quality (philosophy) , finance , public relations , political science , law , philosophy , epistemology
With the diversified development of contemporary China ' s economy, the rapid growth of high-quality economy, but fraud occurs frequently, emerge in endlessly. This paper introduces the theoretical knowledge, reviews the case of CITIC Guoan, and expounds the background and fraud situation of the company. Then through the analysis of CITIC Guoan ' s financial fraud cases of A-share listed companies for seven consecutive years, this paper comprehensively summarizes the means of fraud from six aspects, triggering the thinking of business ethics and accounting professional ethics. Finally, from the staff, management and external supervision and management of listed companies to prevent financial fraud recommendations.