Marcum LLP is doing a lot of China-related work despite a PCAOB bar

The firm's activities may not violate the letter of the law but they seem to break its spirit.

I have been reviewing the activity of audit firm Marcum LLP on an ongoing basis for a number of reasons.

While writing earlier this week about the rhetoric of U.S. regulators and lawmakers regarding Chinese companies listed on US stock exchanges, I took a fresh look. I identified two instances where it appears Marcum LLP may be violating the spirit of a bar imposed on the firm by the PCAOB in 2020.