The PCAOB, which began inspections of China-based audits in September, will decide by year-end whether China is complying with the agreement.
“We do not know if these firms, especially in the U.S., have been adequately supervising the Macau firms,” she said.
The Macau firms’ work isn’t immune from PCAOB inspection.
PwC Macau is a separate legal entity, but it is run as part of the firm’s China operations, a spokesman said.
“The China firm is taking responsibility, treating it as a branch office,” Ms. McKenna said.