Tag Archives: auditor liability

SEC Charges Audit Firm Sherb & Co. LLP and Four of its Auditors for Audit Failures of China-based Companies

Posted on November 7, 2013 by BraunHagey & Borden

In the Matter of Sherb & Co., LLP, et al., Admin Proc. No. 3-15609.  On November 6, 2013, the SEC announced the filing of a settled administrative proceeding against Sherb & Co. LLP, and four of its auditors, Steven J. … Continue reading →

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SEC Charges Auditing Firm Patrizio & Zhao LLC and one of its Founding Partner for Bad Audits of China-Based Company

Posted on October 2, 2013 by BraunHagey & Borden

In the Matter of Patrizio & Zhao LLC and Xinggeng (John) Zhao, CPA, Admin. Proc. No. 3-15534.  On September 30, 2013, the SEC announced it filed a settled Order Instituting Proceedings (“OIP”) charging auditing firm Patrizio & Zhao LLC (“P&Z”) … Continue reading →

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