Drew Bernstein, Co-Chair, Marcum Asia, is featured in the South China Morning Post regarding the implications of the deal between China and the PCAOB.
South China Morning Post
By Enoch Yiu
“While we do not have any specific knowledge of which audits the PCAOB will inspect, generally the PCAOB will seek to look at a representative sample of an auditor’s work, with a focus on companies that may present a greater level of audit risk or that are of greatest importance to prospective investors,” said Drew Bernstein.
“I believe we will see a sizeable backlog of Chinese companies coming to market in 2023.”