Vital Points
- The U.S. Public Company Accounting Oversight Board said its inspectors are established to arrive in Hong Kong in mid-September, shortly just after which “all audit function papers requested by the PCAOB will have to be built out there to them.”
- What requirements to take place following is a smooth on-ground inspection in China by the U.S., and suitable assistance from the Chinese authorities, analysts mentioned.
- On the other hand, there’s uncertainty all around implementation, analysts claimed.
