The Big Freeze for Chinese IPOs
Smaller deals will test the appetite of investors amid a new regulatory landscape At the end of June 2021, Chinese IPOs were on track to post a record-breaking year. Didi Chuxing had...
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SEC Weighs in on SPAC Audit & Accounting Issues
Financial reporting, governance, and internal controls are seen as "risks" to investors On March 31st, the SEC’s Acting Chief Accountant, Paul Munter, issued a lengthy “public statement”...
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House Passes Holding Foreign Companies Accountable Act
Showdown Over Audit Inspections Reaches New Stage On December 2nd, 2020, the House of Representatives unanimously approved a bill that would bar Chinese companies from trading in the U.S....
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SPACs | A Guide for Management
While special purpose acquisition companies (SPACs) have existed since the early 1990s, these investment vehicles have gained popularity in recent years. SPAC IPOs have raised over $49...
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The Year of the SPAC
With $40 Billion of Capital Available, Will SPACs Become a Viable Alternative to the Traditional IPO? Amid this year’s white-hot IPO market, the SPAC, or special purpose acquisition...
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White House Weighs in on China Audit Conundrum
Can the “co-audit” concept untangle PCAOB inspection impasse? On August 7th, the President's Working Group on Financial Markets weighed in on the dangers that investing in Chinese companies...
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Auditors Face Access Challenges as COVID Pandemic Drags On
The COVID-19 pandemic has created novel challenges for the audit profession that could have lingering impacts on the quality and reliability of independent accounting firm’s work if not...
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Is China Getting Serious About Accounting & Governance?
CSRC signals open to international cooperation on inspections For years I have heard a familiar refrain from American investors: They would love to be able to participate in China’s...
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IPO Preparedness Amid the Coronavirus
The safety of our staff, clients and their families is the top priority amid the coronavirus. During this time, we are offering flexibility to our staff to work from home if they are able...
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The Nuclear Option for Chinese Stocks
Implications of the Equitable Act for American Investors As a new “silicon curtain” crashes down between the technological infrastructure of America and some of its allies and China and the...
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