PwC ordered to pay millions dollars in damages over bank’s collapse

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 ... Read More
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Sanctions against senior auditor and PwC

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 ... Read More
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PwC to pay $1 Million to settle audit violations

The Public Company Accounting Oversight Board announced that it censured and imposed a $1 million civil penalty against PricewaterhouseCoopers LLP for violations in its examination and audit of Merrill ... Read More

Ukraine withdraws PwC bank audit licence over $5.5bn hole at PrivatBank

Ukraine’s central bank said on July 20 that it had withdrawn the bank auditing rights of PwC after the international accounting firm failed to identify alleged improprieties that led ... Read More

PwC is urging employers to make more use of technology to tackle workplace stress

PwC is urging employers to make more use of technology in the workplace to tackle health and wellbeing issues, after a survey by the firm suggested a third of ... Read More

PwC under investigation over BT audits

The Financial Reporting Council (FRC) has issued today an announcement to inform that investigation opened into the audit of the financial statements of BT Group plc. According the announcement:  ... Read More
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Historic Banking Group replaces PwC with KPMG as external auditor

Bank of Ireland Group ends 27-year PwC audit contract Bank of Ireland Group is to switch auditors at the end of the year naming KPMG as external auditor replacing ... Read More

PwC fined £5m for misconduct in company’s audit

PwC LLP and Stephen Harrison fined for Misconduct in relation to Connaught plc PwC and Stephen Harrison, a retired PwC audit partner, have been severely reprimanded and fined £5m and ... Read More

PwC lose audit to KPMG of a multinational consumer goods company

Reckitt Benckiser ends 20-year PwC audit contract FTSE 100 consumer health giant Reckitt Benckiser Group has announced plans to change auditor with the announcement that KPMG will replace PwC ... Read More

Toshiba Is Replacing Its Auditor PwC Over Irreconcilable Differences

Toshiba Corp (TOSBF, +1.24%) has decided to replace its auditor after less than a year as the troubled electronics conglomerate struggles to win its approval on full-year financial statement, ... Read More
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