TOP TIPS: Recognising a fake Chinese trade document
Aug 12, 2013
TOP TIPS: Recognising factoring fraud
After rumblings of factoring/forfeiting fraud occurring in China, CT asked Mat Ng of forensic accounting firm JLA Asia to outline how to spot the tell tale signs.
Looking through the annual reports of several public companies in China, CT noticed a trend of smaller companies factoring unusually large percentages of their accounts receivables, possibly a result of cash flow problems.
Sign in to read on!
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to CorporateTreasurer.
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
If you are a treasurer, CFO or senior professional at a corporate or SME, please register for free VIP access here.
Questions?
See here for more information on licences and prices, or contact [email protected].
© Haymarket Media Limited. All rights reserved.
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
for unlimited access to all articles, newsletters
Related Articles
TOP TIPS: Fraud prevention data analysis
Apr 15, 2013
TOP TIPS: Key risks of setting up a JV in Myanmar
Aug 19, 2013