Opinion: Why the audit disclosure feud needs compromise
March 06, 2014 | BY
clpstaff &clp articlesChina 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
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,