Audit data for accounting firms in China to be stored on the mainland

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ACCOUNTING firms in China should store their audit working papers on the mainland, according to interim measures that aim to strengthen oversight of data security management in the sector, reports Caixin. Firms will have to obtain approval if they want to export any audit working papers, according to the measures, which were published jointly by the Ministry of Finance and the Cyberspace Administration of China (CAC). Accounting firms are also barred from entering into any contracts that...

https://www.seanews.com.tr/audit-data-for-accounting-firms-in-china-to-be-stored-on-the-mainland/200367/

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