Search Results for: PricewaterhouseCoopers (PwC)
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 ...
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 ...
PwC under investigation for a company’s audit
March 2nd, 2017
The Financial Reporting Council (FRC) has commenced an investigation under the Audit Enforcement Procedure into the conduct of PricewaterhouseCoopers (PwC) LLP, in relation to the audit of the financial statements of Redcentric plc (Redcentric) for the years ended 31 ...
Germany accused of strangling EU tax transparency
December 13th, 2016
A German-led group of EU states is trying to strangle plans for greater tax transparency, amid the restart of an iconic whistleblower case. Germany was accused of leading the behind-the-scenes attack on a European Commission proposal to raise transparency ...
PwC moves into FIFA audit hot-seat
September 19th, 2016
PricewaterhouseCoopers (PwC) have stepped into the hot-seat vacated by KPMG as statutory auditors of FIFA. The world football body announced that the Bureau of the FIFA Council had appointed PwC Switzerland to the role. The move comes three months ...
PwC awarded a $890,000 contract
April 4th, 2016
A national system to certify the skill levels of human resource (HR) professionals is expected to be piloted from July and launched a year later. The Singapore Workforce Development Agency (WDA) has awarded an $890,000 contract to consultant PricewaterhouseCoopers ...
PwC Report: Blockchain a ‘Once in a Generation’ Opportunity for Financial Services
March 30th, 2016
Blockchain marks the next “jump” in business process/optimization technology, according to a newly-released PriceWaterhouseCoopers (PwC) report on fintech. The report, “Blurred lines: How FinTech is shaping Financial Services,” compares blockchain to Enterprise Resource Planning (ERP) software that allowed entities and functions within a ...
PwC Director: Blockchain Impact Could Create Winners and Losers
February 25th, 2016
Global professional services giant PricewaterhouseCoopers (PwC) became the latest big-name firm to make its blockchain service offerings public this month, unveiling a solution portfolio designed to take business clients from ideation to iteration as they explore the emerging technology. The ...
‘Big Four’ audit firms never examined over illegal tax plans
January 18th, 2016
Regulators fail to act as they are dominated by the companies they are supposed to police, say critics Audit and accountancy firms who devise tax-avoidance schemes ruled unlawful have never faced official reprimand, The Independent can reveal. None of the so-called ...
Britain pays to PwC for helping to design Ukraine’s tax reform – finance ministry
December 22nd, 2015
The Finance Ministry of Ukraine drew up the draft amendments to the Tax Code of Ukraine itself, although the ministry used consultations by PricewaterhouseCoopers (PwC) international consulting company, the services of which were paid by the British government. The ...
