At last...'The US financial regulator has charged the Chinese units of five accounting firms - including the so-called Big Four - over refusing to hand over auditing data on China-based companies.The companies are under investigation by the Securities and Exchange Commission for "potential accounting fraud against US investors".The nine China-based firms are publicly traded in the US.An administrative law judge will schedule a hearing on the matter soon.The five firms are the Chinese affiliates of the Big Four - Deloitte Touche, Ernst & Young, KPMG and PricewaterhouseCoopers - as well as the accounting firm BDO's China unit.'http://www.bbc.co.uk/news/business-20587401----------------MDP Home Fool
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