A Huawei Recovery Plan, Step 1: Playing “Peekaboo” (PCAOB Compliance)

  • The bedrock of this capital market system is high quality, reliable financial statements. This is indisputable. Without high quality and reliable financial information, capital markets do not function well. In turn, confidence inthe quality and reliability of financial statements is driven by a combination of quality audit services and regulatory oversight.  William D. Duhnke, Chairman of the PCAOB 

A pedestrian talks on his phone while he walking past a Huawei store in Beijing …

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