U.S. watchdog says it found unacceptable problems with Chinese company audits

Apparently hundreds of companies are about to be de-listed. Original Source: https://www.reuters.com/markets/us-watchdog-says-it-found-unacceptable-problems-with-chinese-company-audits-2023-05-10/ WASHINGTON, May 10 (Reuters) – A U.S. accounting watchdog found unacceptable deficiencies in audits of U.S.-listed Chinese companies performed by KPMG in China and PricewaterhouseCoopers in Hong Kong, …

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Benefits of Factoring for Cash Flow Problems

Small businesses often struggle with cash flow issues because they aren’t able to finance new projects until they get paid for their completed ones. Their ability to run their business is dependent upon other people’s payment schedules. Factoring receivables is …

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