audit

Chinese firms avoid delisting as US audit watchdog gains full inspection access

Chinese firms avoid delisting as US audit watchdog gains full inspection access

Leave a Comment / Business / By

NEW YORK/HONG KONG/WASHINGTON, Dec 15 (Reuters) – The U.S. accounting watchdog said on Thursday it had full access to inspect and investigate businesses in China for the first time ever, eliminating the risk about 200 Chinese enterprises to be launched. American scholarships. The statement by the Public Company Accounting Oversight Board (PCAOB) marks a victory …

Chinese firms avoid delisting as US audit watchdog gains full inspection access Read More »

IRS warns Americans to report $600 transactions from payment processors or risky audit

IRS warns Americans to report $600 transactions from payment processors or risky audit

Leave a Comment / Business / By

The Internal Revenue Service reminds taxpayers to report transactions of at least $600 made through payment networks like Venmo, Paypal and Cash App, as the agency seeks data regarding part-time employment and side gigs, a move critics called a government abuse. In a recent explainer posted online, the IRS said that according to the American …

IRS warns Americans to report $600 transactions from payment processors or risky audit Read More »