The US audit board has yet to get a full picture of what its inspectors found as they reviewed the work of audit firms based in Hong Kong and China over the last two months, a member of the Public Company Accounting Oversight Board said Tuesday.
On-site inspections in Hong Kong are wrapping up but the work will continue to test the bounds of an August agreement that gives the regulator access to internal records and personnel of Chinese and Hong Kong-based audit firms for the first time, board member Duane DesParte said in remarks at a Financial Executives International ...
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