A Buffalo, N.Y., accounting firm, whose former partner got it into the business of auditing Chinese companies and then faked documentation, was censured and its registration with the Public Accounting Company Oversight Board revoked. Brock, Schechter & Polakoff was pulled into the business, along with former director of auditing and accounting, James R. Waggoner, even though the firm had no auditing experience and no one on the staff understood Chinese. The firm must pay a $20,000 civil money penalty while Waggoner was censured and barred from associating with any PCAOB registered firm.