SEC says audit firms hinder accounting fraud probes By Sarah N. Lynch WASHINGTON (Reuters) - U.S. federal regulators tried to persuade a judge on Monday to sanction the Chinese arms of the world's top five accounting firms, saying their refusal to hand over audit work papers has hindered investigations into fraud at U.S.-listed Chinese firms. In testimony during a hearing at the U.S. Securities and Exchange Commission, an SEC official alleged ...
July 8, 2013 - Reuters via Yahoo! News