Audit Chinese Stocks – Mayor Calls Police on Rioters
U.S. must have access to U.S.-listed Chinese firms’ audit documents, lawmakers say Chinese authorities have long been reluctant to allow overseas regulators to inspect local accounting firms – including member firms of the Big Four international accounting networks – citing national security concerns. In spite of a 2013 agreement that ended a stalemate over the issue and allowed U.S. regulators to request audit working papers in China, there have been difficulties in actually gaining access. https://www.reuters.com/article/us-usa-congress-china-exchanges-idUSKCN1T7060 Chinese Companies Trading on U.S. Stock Markets May Be Worse Than Enron Scandal At least 156 Chinese companies — including 11 state-owned firms...
U.S. must have access to U.S.-listed Chinese firms’ audit documents, lawmakers say Chinese authorities have long been reluctant to allow overseas regulators to inspect local accounting firms – including member firms of the Big Four international accounting networks –...
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