As I understand it, the earthing is done through lots of wee black wires, not through the (alloy) frame parts anymore
You definitely need to use the D/C setting on the multimeter.
Did you do anything on the bike in the weeks before you noticed the issue? I'm thinking maybe the problem might have been there for a long time before you noticed? Is that possible?
If you can strip as many plastics off as possible and work your way from the switches, unplugging connectors to see if they have an effect (then re-plugging them after an inspection - maybe two have been mashed-together? Or somehow chafed together as Paul mentions [terrible problems with chafing, has Paul]) you should narrow down where the problem is.
Try phoning a few local auto-electricians , who have the skills, experience etc eg
http://autoelectrical-crawley.co.uk/ele ... es/1251770 who are mobile as well...(tell them you'll strip all the panels , tank etc off the bike for them before they start!)
They might give you some pointers, at least. Try others on
Yell!