PwC will pay a reduced fine of 1.75 million pounds (U.S. $2.1 million) as part of sanctions against the Big Four firm for failures in its fiscal year 2017 audit at BT Group after the U.K.

Chinese authorities have banned the accounting firm PwC for six months and fined it over $56 million for its involvement in the audit of collapsed local property developer Evergrande.

PwC China, locally called Zhongtian, was fined 441m yuan ($61.2m) by Chinese regulators last year for its audit work on Evergrande's inflated financial reports from 2018 to 2020.

The FRC on Tuesday penalized PwC a reduced £3 million (U.S. $3.7 million) for its audit failures at Galliford Try for the fiscal years ended 2018 and 2019 and also announced a reduced sanction of ...

PwC Zhong Tian recorded revenues of 7.92 billion yuan in 2022, making it China's highest-earning auditor that year, followed by EY, Deloitte and KPMG, official figures show. ($1 = 7.1322 Chinese yuan) ...

The U.S. firm of PricewaterhouseCoopers plans to stop offering some types of consulting services to its SEC-registered audit clients to provide greater independence, and will cut the compensation of ...

PwC was subsequently appointed for the 2018 audit. The FRC said it had fined KPMG 877,500 pounds, reduced from 1.35 million pounds due to admissions.

Britain's accounting watchdog said on Monday it had fined auditor PwC 1.75 million pounds ($2.12 million) after it failed to properly challenge UK telecoms group BT once a half-a-billion pound ...

ED in 2019 issued FEMA notice against PwC for illegally routing FDI into a non-permitted sector by disguising capital inflows ...

HONG KONG (AP) — Chinese authorities have banned the accounting firm PwC for six months and fined it over 400 million yuan ($56.4 million) over its involvement in the audit of collapsed property ...