(Bloomberg, Washington) When Sino -US relations are tense, the U.S. Public Corporation Accounting Supervision Committee (PCAOB) launched a new round of inspection on Chinese companies listed in the United States.
People familiar with the matter revealed that PCAOB sent a team to Hong Kong last month to check the 2022 audit report of some of the most well -known China stock companies.Because the matter was not made public, people familiar with the matter were unwilling to have names.
It is reported that more than a dozen Chinese companies inspected the PCAOB staff, including Tencent Music Entertainment Group, Didi and NetEase, etc., the inspection scale greater than the first round of inspections carried out in the third quarter of last year.
PwC, PwC, and Chinese subsidiaries of the Giants of the Accounting Firm, and the Chinese subsidiaries of Ernst & Young and Deloitte's Chinese subsidiaries are facing the latest rounds of inspections.People familiar with the matter said that three to four listed customers of each firm were selected.KPMV China and PwC Hong Kong received the PCAOB inspection team last year.
PCAOB spokesman not to comment when he was questioned, but the chairman of the agency Williams said in a May statement that this year it will continue to conduct on -site inspections, the goal is to cover 99%(with a market value) from mainland China, mainland China, China Estate Corporation Audited by Hong Kong Accountants.
PCAOB released a solemn report on the audit defects they found after last year.People familiar with the matter said that the auditor maintained a high degree of vigilance this time and was ready to provide as detailed information as possible.
