US Watchdog Says Problems Found in Chinese Company Audits - New Delhi Times - India Only International Newspaper

A U.S. accounting watchdog found unacceptable deficiencies in audits of U.S.-listed Chinese companies performed by KPMG in China and PricewaterhouseCoopers in Hong Kong, the government agency said on Wednesday. The U.S. Public Company Accounting Oversight Board published the findings of its inspections after gaining access to the records of Chinese company auditors for the first…

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