China’s finance ministry imposes first-ever restrictions on overseas accounting firm

BEIJING — The Ministry of Finance on Friday announced its decision to impose penalties on one accountant and an overseas accounting firm over business violations. The ministry will levy an administrative penalty of 30,000 yuan (about $4,203) on Zhang Yunhe, a mainland-registered accountant, who was found to be engaging in cross-border auditing services without the … Continue reading China’s finance ministry imposes first-ever restrictions on overseas accounting firm