Daily Archives: August 30, 2014

Fiscal forensics – Detecting irregularities in Asian financial statements

A number of accounting scandals involving Asian companies in recent years have left investors with costly lessons about financial reporting failures. Why did savvy institutional investors fail to see through the falsified financial statements of Satyam Computer Services, Sino-Forest, Olympus Corporation, and others? As global investors set their sights on Asia, and particularly China, there is greater need for professionals to master how to detect accounting fraud and make solid investment decisions.

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