PCAOB fines KPMG China partners combined $150K over audit violations
By 
Jeff Dale2024-03-21T17:50:00
The Public Company Accounting Oversight Board (PCAOB) imposed collective fines totaling $150,000 against three partners at KPMG China for violations of standards related to their audit work at education service provider Tarena International.
Choi Chung Chuen, Ma Hong Chao, and Dong Chang Ling agreed to be censured and pay penalties of $75,000, $50,000, and $25,000, respectively, the PCAOB announced in a press release Wednesday.
Choi and Ma will be barred from working at a registered public accounting firm for a year, at which point they can petition the board to return after completing continuing professional education. Dong will be limited from acting in certain roles on issuer audits for a year and be required to complete continuing professional education.
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