Caught Between a Great Wall and a Hard Place: Issues For U.S. Public Companies in Responding to Regulatory Requests for Chinese Data

The Financial Accounting Resource Center™ is a comprehensive research service that provides the full text of standards, the latest news from the Accounting Policy & Practice Report ®,...

 In January 2014, a Securities and Exchange Commission administrative law judge (“ALJ”) sanctioned five Chinese affiliates of major U.S. public accounting firms (the “Firms”) for their failure to produce work papers related to their auditing of ten U.S. issuers with operations in China.

Request Financial Accounting