Analysis on the Financial Fraud of Listed Companies in China

This paper studies the cases of counterfeiting of listed companies in China in recent years, analyses the causes and ways of counterfeiting, and seeks solutions. The means of financial fraud of listed companies mainly include fictitious income, early or late recognition of income, transfer costs, adjustment of assets preparation, capitalization of costs and related transaction fraud. Financial fraud of listed companies emerges in an endless stream. In addition to the internal reasons of enterprises themselves, there are also problems of weak external supervision. The results show that it is necessary to build a mechanism to prevent financial fraud from the three levels of government, intermediary agencies and companies.