Asian Financial Statement Analysis: Detecting Financial Irregularities ChinHwee Tan, Thomas R. Robinson
Publisher: Wiley

May 21, 2007 - A new Harvard study on “watchdog” business reporting—the first of its kind—details how rarely the financial press uncovers wrongdoing on its own. These feature “reporter-based analysis,” which Miller describes as “the use of largely non-public sources to generate original information,” otherwise known as super-reporting of the kind one hopes would guarantee awards and inspire J-school case studies, maybe even a pulp novel character. This was done according to the Section 212 which allowed SFC to initiate winding up Referring to Sections 121 & 123 of the Companies Ordinance, management is responsible to keep proper accounting records and to prepare financial statements giving a true and fair view. Mar 5, 2013 - It also discusses the establishment of a National Green Fund to finance environmental protection, but only mentions international sources to fill the coffers of the Fund. According to Duhaime's investigations, “An estimated 50 percent of the subsidies paid by the ERDF for wind energy related infrastructure projects involved fraud and other irregularities. In Australia, Asian gangs have formed partnerships with Russian, Balkan and Middle East gangs. How the BFI is Governed – Page 27. Ongoing work in bringing African and Asian cinema to UK audiences, the BFI took a look at the work of the multiple reasonable steps for the prevention and detection of error, fraud and other irregularities. The retroactive consolidation of Chewco from 1997 through 2001 had an astounding effect on the financial statements. Remuneration Report – Page 38. Governance Statement – Page 33. Accounting Irregularities in Financial Statements. In Enron, the The series of corporate collapses also highlight the failure of corporate governance mechanisms to prevent and detect accounting irregularities. Corporate Information – Page 42. The company was the first to be targeted for liquidation as the SFC steps up efforts to toughen enforcement and share-sale rules. Aug 20, 2010 - Abstract We analyze the Enron case to identify the risk factors that potentially led to its collapse and specific issues relating to its aggressive accounting and highlight the lessons for independent directors. Jul 17, 2012 - Financial Review – Page 19. Jan 3, 2014 - Plaintiffs first allege that Suntech failed to disclose that the company lacked internal and financial controls regarding the verification, valuation and reporting of material liabilities, based on Suntech's failure to detect (prior to July 2012) .