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Sunday, 09/23/2012 9:08:16 PM

Sunday, September 23, 2012 9:08:16 PM

Post# of 2927
WSJ U.S. and China Reach Agreement on Inspections

The U.S. and China have tentatively agreed on "observational visits" in which inspectors from the Public Company Accounting Oversight Board, the U.S. audit-industry regulator, would observe Chinese authorities examining and evaluating the work of their local accounting firms, accounting-board member Lewis Ferguson said in a speech Friday.

http://online.wsj.com/article/SB10000872396390444032404578010293911580874.html

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