PwC, China
PwC making investments for 'high quality' business in China, internal memo says
PwC is making "tangible investments" to ensure the Big Four firm has high quality and sustainable business in China, it said in a memo to staff after Chinese regulators on Friday hit the company's mainland unit with a record penalty.
PwC faces record fine over Evergrande audit in China
The China Securities Regulatory Commission (CSRC) fined PwC Zhong Tian $46m, highlighting that 88% of the firm's observation records on Evergrande's real estate projects in 2019 and 2020 were found to be "inauthentic or untrue."
China Fines PwC $62 Million for Botching Its Work for Evergrande
Authorities also imposed a six-month suspension on the local operations of the global firm, which was once one a dominant auditing firm in China.
PwC Probe Spotlight Shifts to Hong Kong After Record China Fine
The focus of a lengthy probe into PricewaterhouseCoopers LLP’s China business now shifts to Hong Kong after the accounting firm was hit with a record fine in the mainland over its audit of failed developer China Evergrande Group.
China hits PwC with six month ban and large fine in record penalty over Evergrande audit
By Julie Zhu and Xie Yu HONG KONG (Reuters) -Chinese regulators hit PwC's mainland China unit with a six-month suspension and a record fine of 441 million yuan ($62 million) on Friday over the firm's audit of failed property developer China Evergrande Group.
China fines PwC $62 million for its role in the Evergrande collapse
Chinese regulators have hit PwC’s auditing unit in mainland China with a six-month business suspension and a record fine of 441 million yuan ($62 million) over the firm’s audit of troubled property developer China Evergrande Group.
PwC invests in ‘high quality’ China business to ensure survival after US$62 million fine
PwC Zhong Tian was hit with a six-month suspension and a fine of 441 million yuan on Friday over the firm’s audit of failed property developer China Evergrande Group.
PwC invests in 'high quality' business in China after record fine, internal memo says
PwC is making "tangible investments" to ensure the Big Four firm has high quality and sustainable business in China, it said in a memo to staff after Chinese regulators on Friday hit the company's mainland unit with a record penalty.
Corporate Group and PwC Academy partner to bridge academic and corporate practice
"Corporate Group and PwC Academy partner to bridge academic and corporate practice" was originally created and published by ...
Benefits Pro1d
PwC mandates more office time, tracks employee location data
PwC will require its employees in the United Kingdom to spend at least three days a week with clients or in the office.
3 money mistakes even accounting professionals make, according to a personal finance expert who worked at EY and PwC
A former Big Four employee, who's now a financial literacy expert, shared three personal finance mistakes she saw ...
Compliance Week1d
Chinese regulators impose six-month ban, $62M fine on PwC’s China unit
Chinese authorities banned PwC's Chinese unit from performing audits in the country for six months, labeling the subsidiary's ...
PwC China stops work on $140mn campus as Evergrande crisis mounts
Lavish training institute on tropical island under review as firm reels from fallout from its audits of failed property ...
Citi tasks ex-PwC leader with overseeing data quality improvement team
Tim Ryan, who joined the megabank in June, will work with COO Anand Selva to oversee enhancements to Citigroup's data ...
PwC Laying Off 1,800 Employees in First Formal Cuts Since 2009
The Big Four accounting firm is in the process of cutting employees primarily in its U.S. advisory and products and ...
PwC to lay off 2.5% of U.S. workforce; DFW market impact unclear
One of the largest accounting and consulting firms in the DFW market plans to lay off about 1,800 people across the U.S.