China gives auditing firm PwC a 6-month ban and fine over audit of collapsed property developer Evergrande TAIPEI, Taiwan -- China gives auditing firm PwC a 6-month ban and fine over audit of ...
HONG KONG, Sept 12 (Reuters) - Hui Ka Yan, the chairman of China Evergrande Group (3333.HK), opens new tab - the company at the centre of the country's property sector crisis - has been moved to a ...
PwC’s auditing unit in mainland China has been handed a six-month suspension and a fine of 441m yuan ($62m) over its audit of the now-defunct property developer China Evergrande Group.
The CSRC said in a separate statement that it had confiscated PwC Zhong Tian’s revenue involved in the Evergrande case totalling 27.7 million yuan and fined the unit 297 million yuan.
PwC “knew that Evergrande made material misstatements in its financial statements for the years from 2018 to 2020,” the ministry said, adding that the auditing firm had also “failed to point ...
Accountancy giant PwC was banned in China Friday for six months and slapped with a fine of $62.2 million over problems with its audit of beleaguered property company Evergrande. The moves by ...
The auditor came under Beijing’s scrutiny after the January collapse of Evergrande (Alamy/PA) A separate regulator, the China Securities Regulatory Commission, also imposed fines and ...
HONG KONG (Reuters) - Hui Ka Yan, the chairman of China Evergrande Group - the company at the centre of the country's property sector crisis - has been moved to a special detention centre in ...
HONG KONG – Mr Hui Ka Yan, the chairman of China Evergrande Group – the company at the centre of the country’s property sector crisis – has been moved to a special detention centre in ...
HONG KONG (Reuters) -Hui Ka Yan, the chairman of China Evergrande Group - the company at the centre of the country's property sector crisis - has been moved to a special detention centre in ...