On December 10, 2024, PCAOB Chair Erica Williams spoke at the AICPA & CIMA Conference on Current SEC and PCAOB Developments. She addressed the inspections program; firm culture; transparency into the inspection.

The SEC will review, de novo, the January 2014 decision barring the Chinese affiliates of the "Big Four" accounting firms from appearing before the SEC.

2019年10月11日，北京墨迹风云科技股份有限公司首发申请未予通过。中国证监会公告详述了证监会发审委会议针对墨迹科技提出询问的四大主要问'

This settlement appears to send the SEC right back where it started: unable to review the work papers of Chinese audit firms without the consent of Chinese regulators.

SEC Approves PCAOB's Proposed 2025 Budget On December 18, 2024, the SEC approved the PCAOB's proposed 2025 budget and the related annual Accounting Support Fee (ASF).

Taxation affects almost all aspects of doing business in China.

According to one report, Tencent recently performed a routine internal audit during which it identified the payments at issue.

Under an MOU signed earlier this year by U.S. and Chinese regulators, PCAOB may request the audit documents of U.S.-listed, China-based companies from CSRC.

The Public Company Accounting Oversight Board issued a report designating Hong Kong and China as jurisdictions where the PCAOB is incapable of full inspections of local accounting firms.

An administrative law judge handed down his decision in connection with the SEC's on-going efforts to obtain audit working papers from the Big Four accounting firms.

On April 30, 2024, the Congressional-Executive Commission on China ("CECC") held a hearing entitled ​"Factories and Fraud in the PRC: How Human Rights Violations Make Reliable...

The Cyberspace Administration of China ("CAC") on August 3, 2023 published the draft Administrative Measures for Personal Information Protection Compliance Audits ("draft Measures") for public...

The MOU was a first step toward resolving an impasse regarding oversight by the PCAOB of auditors of Chinese US-listed companies.

On 3rd August 2023, the Cyberspace Administration of China issued the draft Administrative Measures for the Compliance Audit of Personal Information Protection (the "Measures") and Key Points...

On February 12, 2025, the Cyberspace Administration of China ("CAC") issued the Measures for the Administration of Personal Information Compliance Audit (the "Audit Measures"), which will take effect from May 1, 2025.

Regular compliance audits will strengthen the compliance and risk awareness of both the company and its employees.

The auditing, reporting, and compliance landscape for international groups with Chinese components has become more complex. The revised International Standard on Auditing (ISA) 600...

ou might recall that, for well over a decade, the PCAOB has been unable to fulfill its SOX mandate to inspect audit firms in "Non-Cooperating Jurisdictions," including China. Years of negotiation...

The 2022 Determinations vacate the 2021 HFCAA Determination Report and, as a result, the three-year non-compliance period for Chinese companies subject to the HFCAA is reset.

After months of closed-door negotiations, the Public Company Accounting Oversight Board (PCAOB) announced on Friday that it has entered into a Statement of Protocol with the China Securities Regulatory Commission...