CPA Letter to PCAOB and SEC Regarding Chinese Companies’ Compliance with U.S. Securities Laws
CPA sent the following letter to the Public Company Accounting Oversight Board (PCAOB) and the Securities and Exchange Commission (SEC) after the PCAOB announced Chinese auditors were in full compliance with U.S. securities regulations. As a result, more than 170 Chinese companies, many with overt ties to the Chinese Communist Party (CCP), will be able…