Tag: audit

Vivian Jiang, former Deloitte China deputy CEO and chief transformation officer, will become chair of Deloitte China. The firm has also announced the promotion of 41 employees to partner level throughout Southeast Asia.

Wong Zi En has been promoted to partner at Mazars' Southeast Asian base, as the company pushes to develop its footprint in the region, and advances its role in Asia's developing digital ecosystem.

Chin Chee Choon joined the firm on November 15.

China is introducing new draft rules on beneficial ownership in a bid to bring anti-money laundering in line with international standards.

Cash-strapped Indonesian companies argue new tax deals on fixed asset revaluations are still unaffordable despite the healthy rates being offered.

Hong Kong’s Securities and Futures Commission’s dispute with EY, as well as new accounting rules from China, highlight the need for clarity over audit papers.

The SEC has fined some of China’s largest auditors for failing to supply paperwork from US-listed Chinese companies. It underlines a longstanding stalemate, but not everyone believes the outcome is positive.

The US Securities and Exchange Commission issues final extension on China audit ban; The Reserve Bank of India allows infrastructure refinance; and the Russian Finance Ministry orders moves to IFRS accounting standards.

Despite Alibaba SEC filings, professionals familiar with the case still question whether PWC’s audit of the company was primarily Hong Kong-based.

Singapore-listed Chinese corporates are worried over an accounting crossfire between China and Singapore for S chip companies and their auditors after a Singaporean court ruling.

China’s finance ministry has proposed eliminating audit licences for overseas-listed Chinese companies, throwing into doubt Alibaba’s planned IPO. Experts suggest state secret security could be a factor for the escalating tension.

Regulators in China have revised a requirement that foreign-invested enterprises (FIEs) undergo a joint annual inspection, in favour of an online report procedure.