China Securities Regulatory Commission, Circular on Issues Relevant to Audit of Companies that Issue Foreign Investment Shares Listed in China
中国证券监督管理委员会关于发行境内上市外资股的公司审计有关问题的通知
Double audit requirement of B shares cancelled.
Date:
November 2007
CLP Reference: 3120/07.09.12
Promulgated: 12 September 2007
Keywords (click to search): [overseas audit] [foreign investment shares] [B share] [foreign currency] [local accounting firm] [accounting firm] [audit report] [CSRC]
Double audit requirement of B shares cancelled.
Issued: September 12 2007
Main Contents: The Circular states that companies that issue foreign investment shares listed in China are no longer required to carry out an overseas audit at the same time when an audit is conducted by a local accounting firm with the relevant securities and futures business qualifications.
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