Deloitte, EY, KPMG and PwC said the advertisement, which was published in Hong Kong’s Apple Daily on Friday, does not represent the companies’ views.The advertisement reiterated five demands by activists, including the complete withdrawal of a proposed bill that would have allowed extradition to mainland China.
That bill has been shelved, but demonstrators are still calling for greater democracy in Hong Kong after 11 consecutive weekends of street protests. The ad also demanded that authorities drop criminal charges against protesters and establish an independent commission to investigate possible police misconduct.”We are a group of concerned employees at the respective Big 4 accounting firms across multiple departments,” the message read. “We stand with all fellow Hongkongers.”
All four of the firms, which collectively employ tens of thousands of people in Hong Kong and mainland China, responded soon after the ad was published.”While we cannot verify the source of the statement and we respect the right of individuals to peacefully express their views, we want to clarify that this statement does not represent the views of the firm,” said Deloitte. Read more on Accounting Weekly