This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice (http://www2.deloitte.com/ca/en/legal/cookies.html) for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

PCAOB Posts Staff Q&A: Audits of Mainland China Issuers by Registered Firms Outside of Mainland China

  • PCAOB (US Public Company Accounting Oversight Board) (dark gray) Image

Dec 30, 2016

On December 30, 2016, the Public Company Accounting Oversight Board (PCAOB) published staff answers to questions about the obligations of PCAOB-registered firms based outside of Mainland China that provide issuer audit services that they understand to be subject to certain Mainland China regulations.

In 2015, the Chinese Ministry of Finance put into effect Interim Provisions on Auditing Operations Conducted by Accounting Firms Concerning the Overseas Listing of Domestic Chinese Companies (the “MOF Rule”). The MOF Rule includes provisions related to the conduct of auditors based outside of Mainland China that perform audit work in Mainland China.

PCAOB staff has prepared answers to questions that have arisen or may arise in that context.

Review the Staff Q&A on the PCAOB's website.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.