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McDermott Will & Emery

SEC Sanctions Chinese Accounting Firms for Refusal to Surrender Documents

McDermott Will & Emery on

On February 6, 2015, the U.S. Securities and Exchange Commission (SEC) imposed sanctions against four China-based accounting firms for their refusal to surrender documents in conjunction with an investigation of potential...more

Dorsey & Whitney LLP

EY Sanctioned For Acting As An Advocate For Audit Clients

Dorsey & Whitney LLP on

Auditor independence is critical. The opinion issued by the audit firm regarding the financial statements of an audit client represents in part that the firm is independent. That judgment is based on an assessment of all the...more

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