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  "documentTitle": "Monolithic Power Systems (MPWR)",
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  "authorName": "Ben Axler",
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  "notes": "Uses PCAOB audit filings as evidence of changing audit scope.",
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      "text": "Only 5-10% of Audit In China",
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      "text": "Does this suggest that MPWR was not happy that Deloitte was scrutinizing China more carefully?",
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      "text": "With almost 50% of assets in China and 57% of sales there, it's remarkable that, according to PCAOB records, Deloitte's China affiliate just started auditing China in 2017. Yet in 2017, the China audit accounted for just 5-10% of the audit. This figure rose to 10-20% in 2018. In March 2019, MPWR dismissed Deloitte in favor of E&Y. Does this suggest that MPWR was not happy that Deloitte was scrutinizing China more carefully?",
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      "text": "Source: PCAOB",
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