U.S. PCAOB says has found significant deficiencies in audits of US-listed Chinese companies

Kitco Media
By Reuters
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Reuters
WASHINGTON, May 10 (Reuters) - The U.S. Public Company Accounting Oversight Board (PCAOB) on Wednesday published the findings of its inspections of KPMG in China and PriceWaterhouseCoopers in Hong Kong, after the watchdog got access to Chinese company auditors' records for the first time last year. The agency said it found extensive significant deficiencies in both auditors' work.
(Reporting by Michelle Price and Chris Prentice)

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