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Big Four China units to appeal SEC suspension ruling

English.news.cn   2014-01-23 12:50:53

BEIJING, Jan. 23 (Xinhua) -- The "Big Four" accounting firms said on Thursday they intend to appeal against a ruling by the U.S. Securities and Exchange Commission recommending the suspension of the firms' China units for six months.

Deloitte, Ernst&Young, KPMG and PriceWaterhouseCoopers said in a joint statement that they seek to initiate a review by the SEC Commission without delay as the decision would not be final nor effective until it is approved by the full commission.

Editor: Yang Yi
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