Washington, Beijing Make Progress on Inspection of Chinese Audit Firms

Washington, Beijing Make Progress on Inspection of Chinese Audit Firms
U.S. and Chinese regulators have made significant progress toward working out a way for the U.S. to inspect the work of Chinese audit firms, and the first such inspection is expected before the end of the year, the chairman of the U.S. audit-industry …
Read more on Wall Street Journal

China and US reach deal on audit firm inspections
Under US rules, all firms that audit US-listed companies have to undergo mandatory inspection by the board. However, there has been a long-running dispute between China and the US over access to the 47 Chinese firms registered with the PCAOB, which …
Read more on economia

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s