Professor Elam

Monday January 27 2014

The SEC has banned Chinese JV with the Big Four from working in the US.

Does anyone really know how legitimate Chinese operations are?  Or does the government encourage a pollyanna reporting standard for any business involved with the State?  Read this article and decide for yourself. 

I suspect accounting operations in China are a lot like any other centrally controlled economy, negative reports have a hard time amking it to the top.