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.

By Dan Bland

Jun 17, 2013

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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.

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