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Deloitte: Difference between revisions
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=== China Huarong Asset Management Co. === | === China Huarong Asset Management Co. === | ||
In March 2023, | In March 2023, China's Ministry of Finance fined Deloitte 211.9 million yuan ($30.8 million) for illegal auditing deficiencies in the audit of [[China CITIC Financial Asset Management|China Huarong Asset Management Co.]] The Ministry found that Deloitte had failed to maintain professional skepticism during the audit. Huarong was fined 800,000 yuan ($116,227) for its role in the auditing deficiencies.<ref>{{cite web |last1=White |first1=Edward |last2=Yu |first2=Sun |last3=Ho-him |first3=Chan |title=China suspends Deloitte’s Beijing office over Huarong audit ‘deficiencies’ |url=https://www.ft.com/content/9c28943f-e7ae-4b28-9e0c-3c654c2f097a |website=www.ft.com |access-date=16 June 2024 |date=17 March 2023}}</ref><ref>{{cite web |title=China fines Deloitte $31 million for auditing negligence |url=https://www.reuters.com/business/china-fines-deloitte-31-mln-auditing-negligence-2023-03-18/ |website=Reuters |access-date=16 June 2024 |date=18 March 2023}}</ref> | ||
=== Johnston Press audit === | === Johnston Press audit === | ||