US Securities Agency Warns US Auditing Firms Against Taking New Chinese Clients To Avoid Delisting
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20 views • September 10, 2022

https://gnews.org/post/p1jcu5bb6

09/07/2022 Spotlight on China: On Tuesday, the Securities and Exchange Commission (SEC) warned that U.S. audit firms should be careful when taking on new potentially blacklisted Chinese and Hong Kong companies.The SEC’s Acting Chief Accountant Paul Munter questioned whether the newly engaged registered public accounting firms- whether located in the U.S. or elsewhere-will be able to satisfy their responsibilities to serve as the lead auditor.

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