The Public Company Accounting Oversight Board (PCAOB) found seven of eight audit engagements it reviewed in China and Hong Kong contained “unacceptable rates” of deficiencies. PCAOB Chair Erica Williams called the landmark inspections “a powerful first step toward accountability.”
Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:... More by Aaron Nicodemus
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