CAQ Statement on PCAOB and Chinese Audit Inspections Agreement
Friday, August 26, 2022
Washington DC, August 26, 2022 – News of an agreement with the Chinese government to allow PCAOB inspections of Chinese companies listed on U.S. exchanges is welcome news. Transparency plays a pivotal role in protecting investors that put their trust and capital into U.S. capital markets. PCAOB inspections play an important role in that trust and transparency. This agreement has the potential to level the playing field to ensure that all companies, no matter where they are headquartered, are accessing our capital markets on the same terms.
Julie Bell Lindsay