Authorities also imposed a six-month suspension on the local operations of the global firm, which was once one a dominant ...

Chinese authorities have banned the accounting firm PwC for six months and fined it over $56 million for its involvement in ...

Chinese regulators have hit PwC’s auditing unit in mainland China with a six-month business suspension and a record fine of ...

Chinese regulators hit PwC's mainland China unit with a six-month suspension and a record fine of 441 million yuan ($62 ...

Chinese regulators on Friday hit PwC's auditing unit in mainland China with a six-month business suspension and a record fine ...

Chinese regulators said the firm failed to maintain professional skepticism for its work related to the country’s recent real ...

Accountancy giant PwC was banned in China Friday for six months and slapped with a fine of $62.2 million over problems with ...

The fines and business suspension marks the most severe action taken against any accounting firm by Chinese regulators.

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.

Chinese authorities have banned the accounting firm PwC for six months and fined it over $56.4 million over its involvement ...