The U.S. accounting audit regulator delivered a warning regarding the integrity and complete access to work papers of accounting firms of New York-listed Chinese companies. Public Company Accounting Oversight Board (PCAOB) Chair Erica Williams made the remarks on Sept. 22 at the Council of Institutional Investors (CII) Fall Conference. She emphasized, “Voluntarily delisting is not…
US Accounting Regulators Demand Complete Access to China-Based Audits
September 23, 2022
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Business & MarketsChinaChina Business & EconomyChina Securities Regulatory Commissioneconomic policieseconomyThe Holding Foreign Companies Accountable ActUSUS NewsUS-China relations
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Chinese Regulator Fails to Investigate Company Delisted for False Financial Reports
March 22, 2021
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ChinaChina Business & EconomyChina Securities Regulatory CommissionChinese Regimedelistingfinancial fraudKangde Xin Composite Material Group
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Insiders revealed to The Epoch Times that the China Securities Regulatory Commission favored interest groups, leaving small and medium retail investors to bear losses in the case of a delisted company accused of falsifying $2.3 billion in financial data. Jiangsu Province-based Kangde Xin Composite Material (Kangde Xin) is a technology company focused on pre-filming materials,…
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