Auditors on alert over Chinese results

A new wave of scandals involving Chinese companies listed overseas could hit New York and Hong Kong in the coming weeks as the annual results season get under way with auditors on high alert for fraud.

Auditors are under great pressure this year to detect discrepancies in their clients results, having faced embarrassment and legal action in 2011 following dozens of accounting scandals at Chinese companies listed in North America ... READ MORE

Released by the Financial Times - 25 March 2012