摘要
Particularly in the year 2001, aseries of listed companies, such asYinguangxia and Maikete, werepublicized for their financial frauds,which triggered the drastic downward ofChinese stock market and thus madeenormous investors sustain great losses.The public also focused on the auditorsinvolved in these cases with vehementimpingement. When the public put theirconfidence on international accountingfirms, a series of U.S. mammothmultinational companies, such as Enron,WorldCom, and Xerox, were alsodisclosed for fraudulent financialreporting, which led to the demise of agreat name, Andersen. The enormousimpacts of these cases on the publicaccounting profession are really rare. Thisarticle attempts to draw some lessons fromthese cases based on deliberations.
Particularly in the year 2001, aseries of listed companies, such asYinguangxia and Maikete, werepublicized for their financial frauds,which triggered the drastic downward ofChinese stock market and thus madeenormous investors sustain great losses.The public also focused on the auditorsinvolved in these cases with vehementimpingement. When the public put theirconfidence on international accountingfirms, a series of U.S. mammothmultinational companies, such as Enron,WorldCom, and Xerox, were alsodisclosed for fraudulent financialreporting, which led to the demise of agreat name, Andersen. The enormousimpacts of these cases on the publicaccounting profession are really rare. Thisarticle attempts to draw some lessons fromthese cases based on deliberations.
出处
《中国注册会计师》
2003年第1期17-20,共4页
The Chinese Certified Public Accountant
