Asian Financial Statement Analysis: Detecting Financial Irregularities

As investment opportunities in Asia—particularly in China—continue to grow, there is a greater need for a robust process for detecting financial irregularities. While many books exist on detecting irregularities, those books are most often focuses on U.S. accounting standards using U.S. companies as examples. Given the move toward IFRS, this book offers a framework for detecting fraud and irregularities independent of any particular set of accounting rules.

• Presents a framework for detecting financial irregularities in Asia-Pacific countries that is not based on any one particular set of accounting standards
• Coauthored by leading authorities in the field
• Demonstrates the most common types of irregularities that occur in Asia-Pacific companies

CHINHWEE TAN, CFA, CPA, is the founding partner in Asia for a leading global alternative investor, among the largest in the world. He is a pioneer in special situation investing in Asia and has a track record of investing in more than 100 deals. He was voted by The Hedge Fund Journal as one of the emerging top 40 absolute return investors globally and was also named as Best Asia Credit Hedge Fund manager by The Asset. He is the winner of the 2013 Distinguished Financial Industry Certified Professional (FICP) Award from the Singapore government.

ChinHwee is an Adjunct Professor in a number of top universities teaching private equity investing and forensic accounting. He is a CFA charterholder and is a registered CPA in both Singapore and Australia. Mr. Tan was honored as a World Economic Forum Young Global Leader and the World Cities Summit Young Leader. He enjoys spending time with his three young children.

THOMAS R. ROBINSON, CFA, CPA, is Managing Director of the Americas at CFA Institute. Previously, Tom served as Managing Director of Education at CFA Institute, providing vision and leadership for a 100-member global team producing and delivering educational content for candidates, members, and other investment professionals. Prior to joining the CFA Institute, Tom had a 25-year career in financial services and education. Tom has published regularly in academic and professional journals and has authored or coauthored many books on financial analysis valuation and wealth management. Tom is a CFA charterholder, a Certified Public Accountant (CPA) (Ohio), a Certified Financial Planner (CFPR), and a Chartered Alternative Investment Analyst (CAIA). He holds a bachelor's degree in economics from the University of Pennsylvania, and a master's and doctorate from Case Western Reserve University.