Chinese Auditors Are on the Hook After Clients Are Caught Cooking the Books: “There has long been suspicion that Chinese companies have a tendency to fabricate results when necessary. And that seems to be a well-grounded concern”

SHANGHAI—An accounting scandal has disrupted dozens of initial public offerings and other fundraising plans in China, intensifying investor concerns about the amount of trust they can place in audited financial … Read more

Earnings season likely to be very disappointing and The downturn in US manufacturing has now caught up with that in world economy and is beginning to look like that of 2015-6.

earnings season likely to be very disappointing — Alastair Williamson (@StockBoardAsset) July 17, 2019 Earnings season is starting off with a bang!$NFLX down 13% in the after-market on US … Read more