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PCAOB Pulls the Plug on Audit Firm for Bending Rules
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Subscribe12 NOV 2024 / PCAOB UPDATES
The Public Company Accounting Oversight Board (PCAOB) has revoked the registration of Shenzhen-based Chinese auditing firm, JTC Fair Song CPA Firm for repeated rule violations and failure to cooperate with investigative processes. The firm neglected to submit required documents and annual reports leading to a breach of transparency standards set by the PCAOB, highlighting the board's commitment to enforce compliance and maintain the integrity of U.S. financial markets.
The Public Company Accounting Oversight Board (PCAOB) recently made a significant decision to revoke the registration of JTC Fair Song CPA Firm, a Chinese auditing firm based in Shenzhen. This action follows a series of rule violations and a consistent re...
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