A Study on Corruption and Auditing Strategies of Related Party Transactions of Listed Companies

DOI

10.2991/assehr.k.200428.008How to use a DOI?

Keywords

Zixin Pharmaceutical, related party transactions, financial fraud, audit strategy, tax avoidance

Abstract

Related party transactions, as an important part of the trading model of listed companies, have an important impact on corporate stakeholders. Related party transactions can reduce the transaction costs of enterprises and continuously promote the development of a market economy. However, most of the profit manipulation of listed companies is through related party transactions. This article takes Jilin Zixin Pharmaceutical Co., Ltd. as an example, sorts out the main methods of financial fraud in related party transactions of listed companies, and proposes corresponding audit strategies for the problems in financial fraud in related party transactions of Zixin Pharmaceutical. The aim is to regulate the related party transactions of listed companies and promote fairness in commercial transactions.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Liu Bo
AU  - Wang Yilin
AU  - Guo Chenyu
PY  - 2020
DA  - 2020/05/01
TI  - A Study on Corruption and Auditing Strategies of Related Party Transactions of Listed Companies
BT  - Proceedings of the 6th International Conference on Humanities and Social Science Research (ICHSSR 2020)
PB  - Atlantis Press
SP  - 32
EP  - 37
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.200428.008
DO  - 10.2991/assehr.k.200428.008
ID  - Bo2020
ER  -