Empty roads during a phased lockdown due to Covid-19 in Shanghai on Tuesday, April 5, 2022. Photo: Bloomberg
Empty roads during a phased lockdown due to Covid-19 in Shanghai on Tuesday, April 5, 2022. Photo: Bloomberg
Shanghai

PwC and Grant Thornton quit as auditors for R&F, Kaisa and Shimao as Covid-19 controls gum up accounting work, casting cloud over financial transparency

  • PwC resigned as the auditor of Guangzhou R&F on April 28, ceased acting for Shimao Service Holdings, after quitting as Hopson’s auditor on January 27
  • Grant Thornton resigned as Kaisa’s auditor on April 29

Empty roads during a phased lockdown due to Covid-19 in Shanghai on Tuesday, April 5, 2022. Photo: Bloomberg
Empty roads during a phased lockdown due to Covid-19 in Shanghai on Tuesday, April 5, 2022. Photo: Bloomberg
READ FULL ARTICLE