Opinion: Why the audit disclosure feud needs compromise

March 06, 2014 | BY

clpstaff &clp articles

China and US regulators are working on a deal, but if China wants regulatory equivalency it must first prove its intent to prosecute fraud, says accounting professor Paul Gillis

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On January 22 2014, an Administrative Law Judge of the US Securities and Exchange Commission (SEC) ordered the China member firms of the Big Four accounting firms (PwC, Deloitte, EY,