The contents and value of business assets are very quickly changed. For that reason the merchants and business enterprises should grasp the situation of business assets. And the transparency of financial accounting is very important to corporate management and protection of interests of shareholders, business creditors and investors. Thus the merchants must prepare and keep a balance sheets and a financial accounting books in accordance with principles prescribed in article 29 under the Commercial Law. But the stock companies should prepare and keep the commercial accounting books in accordance with the Financial Accounting Standards, which is established by the Securities and Futures Commission in accordance with article 13 of the Act on external Audit of Stock Companies.
In this paper we investigated the Accounting Fraud on the commercial accounting books. And we suggested the settlement methods of the device of raising efficiency of regulations to the corporate accounting.