CPA Concerned that U.S. Government Auditor Deal with China Could Skirt Investor Protection Laws

WASHINGTON — The Coalition for a Prosperous America (CPA) today expressed concern after the Public Company Accounting Oversight Board (PCAOB) announced an agreement with China regarding audits of Chinese firms listed on U.S. exchanges. PCAOB has refused to make the framework agreement public, but asserts that it allows U.S. inspectors to travel to Hong Kong…