Dirty cash: the rising threat of Chinese Underground Banking

Legal Dirty cash: the rising threat of Chinese Underground Banking

1y Anne Davis | The Institute of Financial Accountants

Dirty cash: the rising threat of Chinese Undergrou...

Accountants and agents dealing with Chinese clients should be aware of the risk of Chinese Underground Banking to your business and mitigate this risk...

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RSM’s China expansion to result in 40% growth

Accounting Firms RSM’s China expansion to result in 40% growth

3y Chris Jewers

RSM’s China expansion to result in 40% growth

A Chinese member firm of RSM is currently finalising a merger with a significant part of another leading firm in China Read More...

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Mazars merger with Chinese firm ZhongShen ZhongHuan

Accounting Firms Mazars merger with Chinese firm ZhongShen ZhongHuan

7y Richard Crump, Writer

Mazars merger with Chinese firm ZhongShen ZhongHua...

Merger brings together more than 1,800 professionals, including 83 partners, from 15 offices across mainland China Read More...

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China to explore further use of IFRS

Accounting Standards China to explore further use of IFRS

7y Richard Crump, Writer

China to explore further use of IFRS

IASB and Chinese Ministry of Finance form joint working group to explore ways and steps to advance the use of IFRS within China Read More...

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US and China commit to cross-border audit inspections

Audit US and China commit to cross-border audit inspections

8y Richard Crump, Writer

US and China commit to cross-border audit inspecti...

US audit watchdog expects to conduct inspections of mainland Chinese audit firms by the end of the year Read More...

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EY to offer legal advice in China through local affiliation

Accounting Firms EY to offer legal advice in China through local affiliation

9y Legal Week

EY to offer legal advice in China through local af...

EY launches legal services arm in China by incorporating local firm Chen & Co into its network Read More...

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Big Four China units appeal US audit ban

Audit Big Four China units appeal US audit ban

9y Richard Crump, Writer

Big Four China units appeal US audit ban

Big Four Chinese affiliates appeal SEC ruling barring them from auditing US listed companies Read More...

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Audit in their hands: what China can tell us about rotation

Audit Audit in their hands: what China can tell us about rotation

9y Gavin Hinks, Writer

Audit in their hands: what China can tell us about...

Chinese audit reform has led to a cut in fees but no contracts moving outside the Big Four, Gavin Hinks finds Read More...

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China hits back over Big Four US audit ban

Audit China hits back over Big Four US audit ban

9y Richard Crump, Writer

China hits back over Big Four US audit ban

Chinese securities regulator expressed "deep regret" over SEC decision to ban Big Four from auditing Chinese companies listed on US stock exchange Re...

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SEC judge suspends Big Four China units

Audit SEC judge suspends Big Four China units

9y Richard Crump, Writer

SEC judge suspends Big Four China units

Judge calls for Chinese affiliates of Big Four to be barred from working for any US-listed Chinese companies for six months Read More...

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Merged Chinese firm looks to retain RSM and Crowe Horwath

Accounting Firms Merged Chinese firm looks to retain RSM and Crowe Horwath

9y Kevin Reed, Writer

Merged Chinese firm looks to retain RSM and Crowe ...

RSM and Crowe Horwath Chinese firms merge - but wants to keep membership of both networks Read More...

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Deloitte China asks court to dismiss US SEC audit case

Audit Deloitte China asks court to dismiss US SEC audit case

9y Calum Fuller, Reporter

Deloitte China asks court to dismiss US SEC audit ...

Deloitte's Chinese arm calls for courts to dismiss attempts made by US regulators to obtain audit work papers Read More...

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Deloitte sued over "reckless" failings in ChinaCast audit

Accounting Firms Deloitte sued over "reckless" failings in ChinaCast audit

10y Richard Crump, Writer

Deloitte sued over "reckless" failings in ChinaCas...

Lawsuit filed in New York claims Deloitte signed on the accounts of ChinaCast "that were almost entirely false" Read More...

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Big Four caught in US v China audit argument

Audit Big Four caught in US v China audit argument

10y Richard Crump, Writer

Big Four caught in US v China audit argument

SEC accuses Chinese affiliates of Big Four and BDO of breaking securities laws by withholding audit paperwork Read More...

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Chinese audit firms set to challenge the world

Accounting Firms Chinese audit firms set to challenge the world

10y Accountancy Age, Reporters

Chinese audit firms set to challenge the world

The next decade could see five of China's biggest audit firms become domestically rather than foreign-owned, writes Geoff Barnes, CEO and president of...

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China will help create Big Six

Audit China will help create Big Six

11y Kevin Reed, Writer

China will help create Big Six

Asian accounting growth the most likely route to Big Four competition, says Sir David Tweedie Read More...

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US regulators play hardball, China plays hard to get

Audit US regulators play hardball, China plays hard to get

11y Rose Orlik

US regulators play hardball, China plays hard to g...

China has backtracked on moves towards joint audit oversight and the US looks increasingly belligerent Read More...

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China audit strife prompts patriotic retort

Audit China audit strife prompts patriotic retort

11y Rose Orlik

China audit strife prompts patriotic retort

Disagreements over audit inspections led a Chinese official to call for US-listed companies to "de-list and come home" Read More...

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SEC's Deloitte subpoena attacked by US court

Audit SEC's Deloitte subpoena attacked by US court

11y Rose Orlik

SEC's Deloitte subpoena attacked by US court

The SEC must show precedent for bypassing the Hague Convention in its subpoena of Deloitte China, a judge has ruled Read More...

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SEC subpoenas Deloitte Shanghai after client fraud

Audit SEC subpoenas Deloitte Shanghai after client fraud

11y Rose Orlik

SEC subpoenas Deloitte Shanghai after client fraud

US regulator the SEC has called Deloitte Shanghai to court after it refused to give up audit documents pertaining to client fraud Read More...

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PCAOB: Chinese regulators can no longer shut the door

Audit PCAOB: Chinese regulators can no longer shut the door

11y Rose Orlik

PCAOB: Chinese regulators can no longer shut the d...

PCAOB chairman says China must cooperate on trans-border audit oversight to keep markets happy Read More...

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UHY recruits China member firm

Accounting Firms UHY recruits China member firm

11y Rachael Singh, Writer

UHY recruits China member firm

One of Shanghai's largest firms, ZhongHua, joins the UHY international network Read More...

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US WLTM Chinese regulator

People Business US WLTM Chinese regulator

11y Taking Stock

US WLTM Chinese regulator

Chinese regulators unimpressed by US courtship ritual Read More...

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US regulators seek China cooperation

Audit US regulators seek China cooperation

11y Rose Orlik

US regulators seek China cooperation

The PCAOB has met with its Chinese counterpart to share knowledge and call for greater oversight cooperation Read More...

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China accounting lands investors in hot water

Accounting Firms China accounting lands investors in hot water

11y Rose Orlik

China accounting lands investors in hot water

China accounting back under spotlight as two more companies give investors a headache Read More...

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PKF and BDO in hot water over China fraud

Accounting Firms PKF and BDO in hot water over China fraud

11y Rose Orlik

PKF and BDO in hot water over China fraud

PKF and BDO face legal action from shareholders after China Expert Technology defrauded $132m Read More...

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Moody's scrambles red flags amid China accounting concern

Accounting Standards Moody's scrambles red flags amid China accounting concern

11y Rose Orlik

Moody's scrambles red flags amid China accounting ...

Moody's has rated 50 China-based companies according to its red flag system, as accounting fears dog US investors Read More...

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