The report, “ Our focus on audit quality,” highlights the factors that could have an impact on audit quality and where PwC is enhancing its audit approach and technology. This past year, the firm ...

PricewaterhouseCoopers released its 2022 audit quality report Tuesday, pointing to progress in its audit practice on a number of fronts, including on inspections, training and diversity. Processing ...

LONDON (Reuters) - British accountant PwC has been ordered to pay more than 3 million pounds, and one of its partners has been fined 75,600 pounds, over a 2007 audit that failed to spot a deep hole in ...

In a global first for the network, PwC UK has undertaken a stock count audit using a drone, as part of a wider drive to harness emerging technologies to enhance audit quality and efficiency and ...

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.

PwC will pay a total of nearly 5 million pounds (U.S. $6.2 million) as part of a pair of enforcement actions announced by the U.K. Financial Reporting Council (FRC) regarding deficiencies in the Big ...

LONDON, June 29 (Reuters) - Britain's accounting watchdog said on Thursday it had fined PwC and KPMG, two of the world's top four auditors, for "serious" failings in their auditing of Eddie Stobart ...

Ukraine’s central bank took away big-four auditor PwC’s right to audit banks late yesterday, citing the firm’s failure to record a $5.6 billion hole in nationalized bank PrivatBank’s balance sheet.

You might think that when shareholders pay a firm $105.5 million in audit and audit-related fees for an opinion on whether the financial statements presented fairly, in all material respects, the ...

Forbes contributors publish independent expert analyses and insights. I cover the accounting industry and accounting issues for investors. When the PCAOB, the audit industry regulator, says investors ...

Hong Kong (CNN) — A US regulator has hit the China arm of prestigious “Big Four” firm PwC with a $7 million fine. The company failed to detect or prevent extensive cheating by its staff during ...