About time: Chinese firms will be forced to adhere to U.S. accounting standards

About time: Chinese firms will be forced to adhere to U.S. accounting standards

FPI / August 12, 2020 Commentary by Jason Orestes The Trump administration has followed through on a key and far overdue promise to mandate stringent U.S. accounting rules for Chinese companies that trade in U.S. markets. Treasury Secretary Steven Mnuchin made the recommendation to the Securities and Exchange Commission (SEC) last week, and it’s fully […]