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In Depth: U.S. Audit Row Dims Big Accounting’s Prospects in China

By Wang Juanjuan, Wang Shiyu and Zhang Yukun
2022年12月01日 20:46
Caught in the crossfire of the dispute with Wall Street regulators and with growing competition at home, Chinese members of the global Big Four accounting networks face a tougher future in China
The Big Four have dominated China’s accounting industry for decades, but growing competition from homegrown firms and the fallout from Beijing’s dispute with U.S. regulators could mean tougher times ahead.

The longstanding row between regulators in Washington and Beijing over access to the audit working papers of Chinese companies listed in the U.S. has put some of the world’s top accounting firms under the spotlight.

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