BDO’s Chinese affiliate was cited for not evaluating the financial ramifications of potential illegal acts involving a client’s lease agreements, according to the firm’s inaugural US audit inspection.
Inspectors with the Public Company Accounting Oversight Board found flaws in two of the firm’s three audits picked for review, according to an inspection report the board released Wednesday.
- The board’s 2024 inspection reflected work BDO China Shu Lun Pan Certified Public Accountants LLP conducted for 2023 fiscal year audits. The firm did not immediately respond to a request for comment.
- A 2022 agreement between the PCAOB and Beijing regulators allows ...
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