《问题描述英文版.docx》由会员分享，可在线阅读，更多相关《问题描述英文版.docx（2页珍藏版）》请在taowenge.com淘文阁网|工程机械CAD图纸|机械工程制图|CAD装配图下载|SolidWorks_CaTia_CAD_UG_PROE_设计图分享下载上搜索。
1、First, the problem descriptionLeEco Group is mainly divided into listed business and unlisted business. LeTV is a listed company under LeTV Group, founded in 2004, the main business is online video-based advertising business, terminal business, membership and distribution business. The companys list
2、ing provides a major source of funding for LeTV, with the help of capital advantages and policy advantages, LeTV has gradually developed from a small-scale video website into a LeTV ecosystem, containing three major systems, involving more than 100 companies, and the overall value of the enterprise
3、has reached 300 billion yuan. With the continuous expansion of LeEcos scale, the amount of funds required for operation is also increasing, and most of LeEcos business is immature, resulting in corporate profitability can not keep up with the speed of scale expansion. At the end of 2016, a huge fund
4、ing gap caused all of LeTVs business to be difficult, and LeTV had to be urgently suspended.The relevant fraud data shown in the table is the relevant fraud data for the decade from 2007 to 2016. After LeTV went public in 2010, in addition to continuing to fictitious business income in the above way
5、, it also continued to inflate performance through the following ways: (1) Fictitious advertising business recognized revenue, and in the absenceof capital collection, through long-term accounts receivable, inflatedbusiness income and profits, or subsequently offset all or part of the accounts recei
6、vable through intangible assets, and correspondingly inflated costs and profits. (2) Recognize revenue through the fictitious business of a third-party company, and at the same time construct some false capital circulation and record long-term accounts receivable through bank accounts controlled by
7、Jia Yueting. (3) Recognition of business revenue through the signing of an advertising swap framework contract or a fictitious advertising swap contract with the customer that has not actually been executed. (4) Using advertising swap contracts to inflate performance by only calculating revenue or i
8、nflating revenue but not cost. Behind the false performance is the long-term hanging of Accounts Receivable of LeTV, the use of intangible assets to write off Accounts Receivable, and Jia Yueting control of the false capital cycle of bank accounts.年份20072008200920102011虚增收入（万元）939.954615.529375.769961.806937.65虚增利润（万元）870.234308.258883.189443.426529.13虚增利润占当期披露利润总额比例（%）59.27136.00186.22126.1939.75年份20122013201420152016虚增收入（万元）8965.3319998.1735194.1939922.3951247.00虚增本钱590.38943.403085.15虚增利润（万元）8445.1019339.6934270.3838295.1843276.33虚增利润占当期披露利润总额比例（）37.0478.49470.11516.32-131.66