PwC Seminar - Financial Due Diligence and Forensic Accounting
HKPEFA, co-sponsored with PwC, held a Financial Due Diligence and Forensic Investigation Seminar on 26 June at PwC Hong Kong offices.  With the increase in listed companies (GEM and HKEX Main Board) with trade suspension on accounting irregularities/fraud and disciplinary actions made by the Shanghai Stock Exchange since 2012, CFOs, controllers, finance managers and investment analysts need to be equipped with identifying and managing fraud and accounting irregularities. The first  half of the seminar covered the key issues in identifying and analyzing accounting fraud in recent financial due diligence cases.  The second half of the session covered fraud risk awareness on common issues and red flags in China, and post-investment anti-fraud monitoring and controls on portfolio companies.  More than 40 members participated in this event and enjoyed the networking session afterwards with cocktails and canapés.