> Summarize and analyze this case study Deloitte whistleblower alleges auditing violations in China Global accounting firm Deloitte came under attack after one of its employees sent a 55- page presentation to every employee alleging audit violations in China. PowerPoint, which has also been circulating on social media, cites incidents between 2016 and 2017 that involved 10 clients. China has had a long-running dispute with the United States over China's refusal to allow US regulators to examine the audits of Chinese companies listed in the United States. Former President Donald Trump signed legislation that could lead to the expulsion of Chinese companies from US stock exchanges unless it allows them to review financial audits. Deloitte may add to a series of financial fraud scandals involving Chinese companies listed in the United States. The whistleblowers reported the violations to the committee on December 14, and submitted a report to the US Securities and Exchange Commission. On Friday, the regulator received the report, reviewed the matter, and asked Deloitte to conduct a self-investigation. Deloitte said in a statement on Friday that it will take legal action regarding spreading false information about Deloitte. Deloitte said that it is aware of what is being circulated on the Internet and that it had previously received an internal report from an employee regarding this matter. The auditor said that he conducted a thorough investigation and found no evidence that would undermine the adequacy of the audit work. When reviewing the company's financial records, the whistleblowers found amounts in the audit report that did not correspond to the actual receipts. Most of the administration's expenses were in fact external marketing and expenses incurred by the company's senior executives and their children. The whistleblower said that one of Deloitte's partners had noticed the problem, but that in the audit decided to define management expenses as an accounting component that did not require a detailed review. In an annual inspection report covering major accounting firms, one Public Accounting Oversight Board in the United States found that about 10.3% of Deloitte's audits are defective