在中国资本市场迅速发展的背景下，财务舞弊不仅严重侵害投资者权益，还破坏市场秩序，成为中国资本市场健康发展的重要制约因素。传统的财务舞弊识别方法主要依赖财务数据和指标的分析，然而这种方法在识别财务舞弊方面存在一定的局限性。相较于财务信息，非财务信息具有更全面、更实时和更真实的优点，学术界和业界越来越多的人开始认识到非财务信息在识别财务舞弊中的重要性。
广州浪奇在2018年和2019年的年报中，共计虚增营业收入近129亿元，虚增利润超过4亿元，同时还存在虚增存货以及未按规定披露关联交易等问题。广州浪奇的财务舞弊行为规模较大，且其舞弊手段比较具有代表性，对该案例的深入研究有助于揭示常见的财务舞弊迹象，并为防范类似行为提供重要的参考和借鉴。
本文首先梳理了财务舞弊及非财务信息相关的理论和研究，构建出利用非财务信息识别财务舞弊的方法。随后，介绍了广州浪奇财务舞弊案例，包括广州浪奇的基本信息、财务舞弊事件的经过以及财务舞弊的手段。最后，运用前面构建的识别方法，从分析财务舞弊动因和收集财务舞弊证据两个视角出发，运用非财务信息对广州浪奇的经营环境、公司治理、ESG评级指数、外部审计以及公司的生产经营情况等多个方面进行了深入分析。通过对广州浪奇财务舞弊案例的研究验证了利用非财务信息识别财务舞弊方法的有效性，同时演示了利用非财务信息识别财务舞弊在实际操作中的应用过程，为投资者提供了有价值的借鉴。
本文的研究有助于拓宽财务舞弊识别的研究视角、提升投资者识别财务舞弊的能力、充实应用非财务信息识别财务舞弊的案例，对于保护投资者利益以及维护资本市场秩序具有重要的现实意义。

In the context of the rapid development of China’s capital market, financial fraud not only severely infringes upon the rights of investors but also disrupts market order, becoming a significant constraint on the healthy development of China’s capital market. Traditional methods for identifying financial fraud primarily rely on the analysis of financial data and indicators. However, this approach has certain limitations in detecting financial fraud. In contrast, non-financial information offers the advantages of being more comprehensive, real-time, and authentic. An increasing number of individuals in both academic and industrial sectors have come to recognize the importance of non-financial information in identifying financial fraud.
Guangzhou Langqi, for instance, inflated its revenue by nearly 12.9 billion yuan and its profits by over 400 million yuan in its 2018 and 2019 annual reports. Additionally, the company engaged in inflating inventory and failed to disclose related party transactions as required. The scale of Guangzhou Langqi’s financial fraud is substantial, and its fraudulent methods are quite representative. A thorough examination of this case can help uncover common signs of financial fraud and provide important references for preventing similar behaviors.
This article first reviews the theories and research related to financial fraud and non-financial information, and constructs a method for identifying financial fraud using non-financial information. Subsequently, the financial fraud case of Guangzhou Longqi was introduced, including basic information of Guangzhou Longqi, the process of financial fraud events, and the means of financial fraud. Finally, using the identification method constructed earlier, a comprehensive analysis was conducted on Guangzhou Langqi's business environment, corporate governance, ESG rating index, external audit, and production and operation situation from the perspectives of analyzing the causes of financial fraud and collecting evidence of financial fraud, using non-financial information. The effectiveness of using non-financial information to identify financial fraud was verified through the study of Guangzhou Langqi's financial fraud case, and the application process of using non-financial information to identify financial fraud in practical operations was demonstrated, providing valuable reference for investors.
The research in this article helps to broaden the research perspective on financial fraud identification, improve investors' ability to identify financial fraud, and enrich cases of using non-financial information to identify financial fraud. It holds significant practical importance for maintaining the order of the capital market and protecting investors’ interests.