UK accounting watchdog checks on coronavirus fallout on audits

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UK accounting watchdog checks on coronavirus fallout on audits
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  • 📰 Reuters
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Accounting firms should do all they can to obtain information needed to complete...

FILE PHOTO: Clocks in London's Canary Wharf financial centre strike 07:00 GMT, marking the time the polls open for Britain's general election, London, Britain December 12, 2019. REUTERS/Russell Boyce

Companies face statutory deadlines for publishing audited financial statement, and delays creates nervousness among investors. Audit partners from outside China face restrictions on travel to the country even though they may need to visit operations for making checks. One way to work around this would be to hire auditors in China.

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