Accounts Receivable Factoring Fraud: A Case Study of Guangdong Rongtai

DOI

10.2991/978-94-6239-642-5_13How to use a DOI?

Keywords

Accounts Receivable Factoring; Fraud Triangle Theory; GONE Theory; Financial Fraud

Abstract

Amid China’s economic growth and rising national strength, some listed companies have committed financial fraud to inflate financial statements, attracting investment and securing early financing. Accounts receivable, as an accounting subject that needs to be focused on when analyzing earnings management and financial fraud, can clearly reflect the fraudulent behavior of enterprises. This study takes Guangdong Rongtai as a case to analyze the implementation methods and specific behaviors of the company’s accounts receivable factoring fraud, as well as the impacts and harms of such fraudulent behavior on the securities market, investors, trading market, and national economy. By adopting a case study method and integrating the Fraud Triangle Theory and GONE Theory, this study finds that Guangdong Rongtai engaged in fraud through fictitious transactions, manipulation of factoring conditions, and other means, and its fraud motives include performance pressure, internal control deficiencies, and other factors. Solutions and countermeasures are proposed. This study provides a warning for the existence of accounts receivable factoring fraud, identifies the root cause of the problem, and provides a reference for fraud governance.

Copyright

© 2026 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Yiyao Zhang
PY  - 2026
DA  - 2026/04/29
TI  - Accounts Receivable Factoring Fraud: A Case Study of Guangdong Rongtai
BT  - Proceedings of the 2026 11th International Conference on Financial Innovation and Economic Development (ICFIED 2026)
PB  - Atlantis Press
SP  - 114
EP  - 125
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6239-642-5_13
DO  - 10.2991/978-94-6239-642-5_13
ID  - Zhang2026
ER  -