Research on Financial Fraud in the Supply Chain of NianFu Company Under Performance Commitment - From the Perspective of Business Ethics and Accounting Professional Ethics

Abstract

With the vigorous development of China's economy, business ethics in the field of market economy has become the focus of social discussion. In recent years, cases of financial fraud to realize their interests are common, disrupting the healthy development of the capital market and damaging the vital interests of small and medium-sized investors. This paper takes the typical illegal case of the securities regulatory inspection in 2021 - the financial fraud case of the Nianfu supply chain as an example. First, the basic situation of the case is introduced; Secondly, it exposes the means of financial fraud and analyzes the motivation of fraud based on the triangle theory of financial fraud, and finds that enterprises commit financial fraud out of financing needs and under the pressure of performance commitment. Finally, it analyzes the behavior of financial fraud in violation of business ethics and accounting professional ethics, and puts forward corresponding countermeasures and suggestions.