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Stalemate Looms for U.S.-China Joint Accounting Oversight

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By Vivian Ni Oct. 14 – Despite efforts by the United States and China to seek closer cooperation on audit oversight, not much progress has been seen on the issue. During the U.S. Securities and Exchange Commission’s (SEC’s) ongoing probe of possible fraud at the Chinese financial software maker Longtop Inc., the company’s previous auditor […]

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