China Plans Tougher Sanctions on Fraudulent Auditors – Report

Auditors face harsher penalties as China intensifies anti-fraud campaign

Beijing’s draft amendment toughens rules and extends liability, after PwC’s Evergrande penalties underscore audit failures.

China plans tougher sanctions on fraudulent auditors – report

China is preparing to significantly increase penalties on auditors who approve falsified financial statements, expanding its drive against financial misconduct among listed companies.