Search Results for: PricewaterhouseCoopers
PricewaterhouseCoopers pays €37m to save Spanish employees from jail
April 14th, 2016
The accountancy firm PricewaterhouseCoopers has handed over €37m (£29m) to the Spanish government to save four of its former employees from serving lengthy jail terms for fraud. The four former senior executives, who include the firm’s ex-president Miguel Fernández de Pinedo, ...
PricewaterhouseCoopers accused of conflict of interest in development role
March 21st, 2016
Diane Abbott is furious that PwC is working on a DfID scheme called the Investment Facility for Utilising UK Specialist Expertise Big Four accountant PricewaterhouseCoopers has been accused of “a very serious conflict of interest” in its role as an ...
Vatican appoints PricewaterhouseCoopers to audit accounts
December 7th, 2015
The Vatican has ordered the first ever external audit of its accounts as part of Pope Francis’ efforts to reform the Roman Catholic Church. The auditor, accounting giant PricewaterhouseCoopers, will start work immediately, a papal spokesman said. Pope Francis ...
RBC announces PricewaterhouseCoopers LLP as external auditor for fiscal 2016
April 30th, 2015
Royal Bank of Canada (RY on TSX and NYSE) announced that the Audit Committee of the Board has selected PricewaterhouseCoopers LLP as its external auditor for fiscal 2016. The selection is the outcome of a comprehensive tender process and ...
PwC ordered to pay millions dollars in damages over bank’s collapse
July 3rd, 2018
A federal judge on Monday said PricewaterhouseCoopers LLP must pay $625.3 million in damages to the Federal Deposit Insurance Corp for failing to uncover fraud that led to one of the largest bank failures of the global financial crisis. ...
PwC fined £10m over audit failures
June 14th, 2018
The Financial Reporting Council (FRC), the UK’s accounting industry regulator, has issued an announcement to inform that has sanctioned PriceWaterhouseCoopers (PwC) and audit partner Steve Denison. In accordance the announcement, the Financial Reporting Council has sanctioned PriceWaterhouseCoopers (PwC) and ...
The Big Four accountancy firms in UK face the threat of a break-up
March 23rd, 2018
The Big Four accountancy firms in UK could be broken up following a wave of scandals at companies they audit that has sparked a ‘crisis of confidence’ in the industry. Deloitte, Ernst & Young, KPMG and Pricewaterhousecoopers are the ...
CySec announced the authorisation of two Cyprus Investment Firms
February 5th, 2018
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued two announcements to inform that new companies have been approved by the Commission as Cyprus Investment Firms (CIFs). According the announcements, the firms Grandis ...
KPMG is facing a battle to remain as auditor to the Bank of England
November 6th, 2017
KPMG is facing a battle to remain as auditor to the Bank of England as rivals plot to end its decade-long tenure in the prestigious role. Sky News has learnt that officials from Britain’s central bank contacted other accountancy ...
Sanctions against senior auditor and PwC
August 16th, 2017
The Financial Reporting Council (FRC), UK’s independent regulator responsible for promoting high quality corporate governance and reporting to foster investment, has issued today an announcement to inform that: PricewaterhouseCoopers LLP (PwC) and Nicholas William Edward Boden, Senior Statutory Auditor ...
