Michael Fritzell at Asian Century Stocks does a great job of summarizing my book with Chin Hwee Tan on detecting financial irregularities. It is a quick read and I highly recommend his summary. Note that the techniques we talk about there are valid globally not just in Asia. We do use Asian companies for all of our case studies though. My readers will notice the consistent them with my other writings - the importance of looking at cash flow in addition, and in comparison, to earnings., It is critical in detecting fraud as well as identifying good companies for long investments!