Hong Kong considering tougher stance on audit practices

    Hong Kong considering tougher stance on audit practices

    The comments come as regulators scrutinise market standards amid a surge in IPOs in Hong Kong. Credit: create jobs 51/Shutterstock.com. Hong Kong’s accounting regulator may tighten supervision of audit practices with poor track records, while also encouraging less active companies to take on more listed-company work, Bloomberg reported. The Accounting and Financial Reporting Council (AFRC)…

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