SEC sanctions China units of Big Four accounting firms
The Securities and Exchange Commission Friday imposed sanctions against four China-based accounting practices that refused to turn over documents related to investigations of potential fraud.
The four firms are Deloitte Touche Tohmatsu Certified Public Accountants Limited, Ernst & Young Hua Ming LLP, KPMG Huazhen (Special General Partnership), and PricewaterhouseCoopers Zhong Tian CPAs Limited Company.… Continue Reading