Scrutiny intensifies on Chinese corporations as SEC pressures Big Four auditors to hand over documents

Are we about to see a wave of accounting scandals involving Chinese companies listed on U.S. and Canadian exchanges? It’s not out of the question. According to a recent Reuters report, the Big Four auditors (KPMG, E&Y, Deloitte and PwC) have so far failed to comply with requests from the U.S. Securities and Exchange Commission

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