PCAOB Fines PwC Units In 1st Actions Against Chinese Firms

By Sarah Jarvis (November 30, 2023, 10:05 PM EST) -- The Public Company Accounting Oversight Board said Thursday that PwC's Shanghai and Hong Kong offices, as well as another Chinese public accounting firm, will pay nearly $8 million in fines for violating securities laws, marking the board's first enforcement settlements with firms in that area since securing auditing rights last year....

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