The case of the fraudulent financial reporting of Wanfu biotechnology (Hunan) agricultural development CO., Ltd

Detalhes bibliográficos
Autor(a) principal: Fan Zhang
Data de Publicação: 2017
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10071/15439
Resumo: The fraudulent financial reporting of Wanfu Biotechnology (Hunan) Agricultural Development Co., Ltd. is a representative one in China. The fraud scheme was committed by overstatement of profits and assets. But there are some early-warning signals of fraud existing in the company which are artificial earnings management, CEO duality, ownership structure, incentives for IPO and concealement of losses. The primary fraud presented in its financial statements are assets, unusual growth rate in comparison to the industry, out-of-logic financial and economic ratios’ and, significant changes in short accounting periods without being reported.
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spelling The case of the fraudulent financial reporting of Wanfu biotechnology (Hunan) agricultural development CO., LtdFraudulent financial reportingFraud schemeEarly-warning signalsGestão de empresasRelatório financeiroIndicadores de desempenhoFraudeBiotecnologiaEstudo de casosChinaThe fraudulent financial reporting of Wanfu Biotechnology (Hunan) Agricultural Development Co., Ltd. is a representative one in China. The fraud scheme was committed by overstatement of profits and assets. But there are some early-warning signals of fraud existing in the company which are artificial earnings management, CEO duality, ownership structure, incentives for IPO and concealement of losses. The primary fraud presented in its financial statements are assets, unusual growth rate in comparison to the industry, out-of-logic financial and economic ratios’ and, significant changes in short accounting periods without being reported.Wanfu Biotechnology (Hunan) Agricultural Development Co., Ltd. é uma empresa chinesa que falsificou o relato financeiro. O esquema de fraude foi cometido através da sobrevalorização de activos e da criação de transacções fictícias, entre outras. Existem alguns sinais de pré-aviso de existência de fraude na empresa tais como criação artificial de lucros, dualidade CEO e gestão, estrutura accionista, incentivos financeiros para ir a IPO e ter medo de ser um insucesso. A primeira fraude apresentada nos relatórios financeiros são os activos, anormal taxa de crescimento da indústria, apresentação de rácios desproporcionais e a alterações significativas nas contas de curto prazo sem um suporte minimamente razoável.2018-03-26T11:28:49Z2021-03-26T00:00:00Z2017-11-16T00:00:00Z2017-11-162017-09info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfapplication/octet-streamhttp://hdl.handle.net/10071/15439TID:201760720engFan Zhanginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-09T17:29:04Zoai:repositorio.iscte-iul.pt:10071/15439Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:13:01.069277Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv The case of the fraudulent financial reporting of Wanfu biotechnology (Hunan) agricultural development CO., Ltd
title The case of the fraudulent financial reporting of Wanfu biotechnology (Hunan) agricultural development CO., Ltd
spellingShingle The case of the fraudulent financial reporting of Wanfu biotechnology (Hunan) agricultural development CO., Ltd
Fan Zhang
Fraudulent financial reporting
Fraud scheme
Early-warning signals
Gestão de empresas
Relatório financeiro
Indicadores de desempenho
Fraude
Biotecnologia
Estudo de casos
China
title_short The case of the fraudulent financial reporting of Wanfu biotechnology (Hunan) agricultural development CO., Ltd
title_full The case of the fraudulent financial reporting of Wanfu biotechnology (Hunan) agricultural development CO., Ltd
title_fullStr The case of the fraudulent financial reporting of Wanfu biotechnology (Hunan) agricultural development CO., Ltd
title_full_unstemmed The case of the fraudulent financial reporting of Wanfu biotechnology (Hunan) agricultural development CO., Ltd
title_sort The case of the fraudulent financial reporting of Wanfu biotechnology (Hunan) agricultural development CO., Ltd
author Fan Zhang
author_facet Fan Zhang
author_role author
dc.contributor.author.fl_str_mv Fan Zhang
dc.subject.por.fl_str_mv Fraudulent financial reporting
Fraud scheme
Early-warning signals
Gestão de empresas
Relatório financeiro
Indicadores de desempenho
Fraude
Biotecnologia
Estudo de casos
China
topic Fraudulent financial reporting
Fraud scheme
Early-warning signals
Gestão de empresas
Relatório financeiro
Indicadores de desempenho
Fraude
Biotecnologia
Estudo de casos
China
description The fraudulent financial reporting of Wanfu Biotechnology (Hunan) Agricultural Development Co., Ltd. is a representative one in China. The fraud scheme was committed by overstatement of profits and assets. But there are some early-warning signals of fraud existing in the company which are artificial earnings management, CEO duality, ownership structure, incentives for IPO and concealement of losses. The primary fraud presented in its financial statements are assets, unusual growth rate in comparison to the industry, out-of-logic financial and economic ratios’ and, significant changes in short accounting periods without being reported.
publishDate 2017
dc.date.none.fl_str_mv 2017-11-16T00:00:00Z
2017-11-16
2017-09
2018-03-26T11:28:49Z
2021-03-26T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10071/15439
TID:201760720
url http://hdl.handle.net/10071/15439
identifier_str_mv TID:201760720
dc.language.iso.fl_str_mv eng
language eng
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/octet-stream
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
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reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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