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Shengli

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Shengli

Re: Rames post# 66058

Monday, 01/03/2011 5:02:44 PM

Monday, January 03, 2011 5:02:44 PM

Post# of 94785
China has barred the PCAOB from inspecting Chinese based accounting firms (including the Big Four) on national sovereignty grounds. China has argued that the PCAOB should rely on Chinese regulators, yet Chinese regulators have assumed no responsibility for regulating accounting reports used overseas.

No matter who is auditing them Big 4 or not this sticking point could create a disaster . I am missing something here .
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