EU SIMPLIFIED FINANCIAL RULES EXPECTED TO MAKE LIFE EASIER FOR ACCOUNTANTS
January 1st, 2013
CHINESE auditors connected to big accountancy firms are facing a potential ban on them practicing before the US Securities & Exchange Commission (SEC). This might happen if a judge confirms they willfuly withheld details of audits or interim reviews of nine unidentified Chinese firms whose principal operations are in China but whose shares are traded in the US and who are the subject of ongoing SEC fraud investigations.A date is to be announced soon for a public hearing of evidence against auditors BDO China Dahua CPA Co. Ltd ('BDFO China'); Ernst & Young ...
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