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Certified Public Accountants Law

Coverage of Certified Public Accountants Law in the Nexus archive.

Earliest in view: Jun 23 · 01:00 UTCMost recent: Jun 23 · 01:00 UTC
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  • BUSINESSJun 23 · 01:00 UTCSCMP WORLD
    China moves to raise penalties on auditors as fraud campaign deepens

    China is increasing penalties for auditors who issue false audit reports, with a draft amendment to the Certified Public Accountants Law proposing to raise the maximum fine from five times to 10 times the illegal gains. The amendment is set for a second reading at the 23rd session of the Standing Committee of the 14th National People’s Congress as part of a broader campaign against financial fraud by listed companies.