KPMG Assurance pays US regulator's penalty in 2017 caseIn an earlier order, the PCAOB announced that it had censured KPMG Assurance and Consulting Services LLP, a registered public accounting fi...
US regulators to vet Alibaba, JD.com, other Chinese firms' auditsThe selection follows a landmark audit deal between Beijing and Washington on Friday allowing U.S. regulators to vet accounting firms in ma...
U.S. regulators to vet Alibaba, other Chinese firms' audits: SourcesThe move follows Friday's landmark audit deal between Beijing and Washington allowing U.S. regulators to vet accounting firms in mainland C...
U.S. regulators to vet Alibaba, other Chinese firms' audits: SourcesU.S. regulators to vet Alibaba, other Chinese firms' audits -sources.
U.S. and China reach landmark audit deal in boon for Chinese tech companiesU.S. rules stipulate that if China is not found to be in compliance, its companies could be barred from U.S. exchanges by early 2024, but t...
US Congress passes bill to delist deceitful Chinese companies from American stock marketsThe bill was passed by the House of Representatives on Wednesday. It was passed by the Senate on May 20. The bill now heads to the White Ho...
Trump advisers urge delisting of US-listed Chinese cos that fail to meet audit standards"We are simply leveling the playing field, holding Chinese firms listed in the U.S. to the same standards as everyone else," a Treasury off...
Trump administration to soon end audit deal underpinning Chinese listings in US: OfficialThe deal, which set up a process for a U.S. auditing watchdog to seek documents in enforcement cases against Chinese auditors, was initiall...
Donald Trump issues memorandum to protect US investors from Chinese companiesWhile China reaps advantages from US markets, the Chinese government has consistently prevented Chinese companies and companies with signif...
How to tackle bank fraud: PNB scam should pave the way to reforming the audit profession in IndiaThe standard response would be to dismiss frauds – be it the Satyam scam, the wilful defaults of banks, or the unearthing of shell entities...
Satyam sues former Board of Directors, certain employees, Price WaterhouseSatyam has filed a suit in Hyd court against its former Board of Directors, certain staff & Price Waterhouse seeking damages for perpetrati...
- No intentional wrongdoing in Satyam case, says PW India
Price Waterhouse (PW) said there was no "intentional wrongdoing" by its professionals in the USD 1 billion Satyam accounting fraud case.
- US sanctions five Indian affiliates of PricewaterhouseCoopers
The US Securities and Exchange Commission sanctioned five India-based affiliates of PwC that formerly served as independent auditors of Sat...
- SOX Appeal: Accounting firms may get a watchdog
Sceptical of ICAI effectiveness, govt wants an independent regulatory body on the lines of the Public Company Accounting Oversight Board (P...
- PwC may be quizzed by US regulator
PricewaterhouseCoopers (PwC), which is facing a multiple-agency probe within the country for its “unreliable” audit of Satyam Computer Serv...
- US auditor also slipped on Satyam accounts
It looks like even the auditors' auditor, Public Company Accounting Oversight Board, missed the gigantic fraud in Satyam Computers. Satyam'...
- SOX revamp may allow cos to limit testing
Corporate auditors may be allowed to cut back on costly testing of companies’ internal controls under a revamp of the post-Enron Sarbanes-O...