(Fixes typographical error in paragraph 5)
Jan 23 The "Big Four" accounting firms have said
they intend to appeal against a ruling by the U.S. Securities
and Exchange Commission (SEC) that recommends suspending their
Chinese units for six months.
In a joint statement, Deloitte, Ernst & Young
, KPMG and PricewaterhouseCoopers
stressed that the decision was not final or legally effective
until it has been fully reviewed and approved by the SEC.
"The firms intend to appeal and thereby initiate that review
without delay," the statement said.
"In the meantime the firms can and will continue to serve
all their clients without interruption, it said.
The statement follows a 112-page ruling by an SEC judge that
has escalated the long-running dispute between U.S. and Chinese
regulators over access to audit documents.
(Reporting by Rachel Armstrong; Editing by Paul Tait)