Accounting Health Check: How to Mitigate the Risk of Fraud in Your China Business

 

Fiducia Management Consultants and The European Chamber of Commerce in South China are pleased to invite you to the upcoming Finance and Taxation Working Group meeting focusing on recognizing and mitigating the risk of fraud.

Today, more and more senior managers of WFOEs are responsible for ensuring enterprise risk management in their business. Maintaining compliant corporate governance and an internal control system helps companies to reduce costs, uphold a good corporate reputation, outperform competitors, and attract investors whose support may aid in financing further growth. Poor corporate governance weakens a company’s potential and at worst, makes way for financial difficulties and even fraud.

China has the second highest level of fraud in the world, mostly perpetrated by senior management. Fraud committed by high-level senior executives typically costs a company significantly more than fraud committed by junior employees, and requires more effective solutions.

We are delighted to share effective measures to mitigate the risk of fraud in your company at all levels, by offering practical advice and answering the following questions:

• Do you know how to identify, prevent, and mitigate fraud risks?
• Can you detect manipulated financial information in China?
• What are red flags when it comes to fraud detection?
• How can regular reviews and a proper health check help you prevent and detect risk?

 

Join us on Tuesday, September 5th, in The Langham Shenzhen from 2:30-5:30 PM.
No.7888, Shennan Avenue, Futian District, Shenzhen City, Guangdong Province
Click here for Google Maps
Click here for Baidu Maps

Please sign up here by Tuesday, August 29th. We look forwardt to welcoming you at this exciting event!

Our Speakers:

Addy Ma
Addy is based in Shanghai as the Deputy Manager of Fiducia’s China Finance and Accounting team. He comes from a background of working more than six years in a chained retails company. Before joining Fiducia, Addy worked for a food chain retailer in Canada as a senior accountant responsible for financial reporting and analysis.

 

 

 

 

 

Hudson He
Hudson He heads both South and North China Finance and Accounting teams and travels frequently between these locations. He comes from a background of working for 6+ years in a “Big 4” accounting firm. Before joining Fiducia, Hudson worked in a technological Sino-US joint venture as a finance / audit manager responsible for China mainland accounts.