Supervision and Governance of Accounting Information Leakage in Listed Companies-A Case Study of Luckin

Tongshenghu Experimental School, Changsha, China

Abstract

After many years of development of securities market, our securities market standard system is increasingly sound. But there are also many problems, such as the disclosure of accounting information of listed companies. It has not formed an accurate and fast system to systematize the disclosure of accounting information in the securities market, which leads to the low efficiency of the securities market. On the other hand, it is of great significance to construct the long-term mechanism of accounting supervision to perfect the national supervision system, strengthen the ability of risk management and control, optimize the quality of accounting information and standardize the market economic order. In a series of important meetings, China proposed that accounting supervision, auditing supervision and statistical supervision should be included as an important part of the national supervision system. Therefore, it can be seen that the construction of longterm mechanism of financial and accounting supervision is the most urgent and top priority to consolidate the foundation of China’s supervision system. In this paper, through the analysis of Luckin coffee incident, put forward the optimization strategy to build a long-term mechanism of accounting supervision in the new era.