China Slams $62m Fne Ban on PwC for Audit Failure

The Chinese arm of PriceWaterCoopers (PWC) has been banned in China for six months with a fine of Rmb441 million, around $62 million slammed on it for auditing failures related to the collapsed property developer Evergrande, in Beijing’s toughest action yet against a Big Four firm. Techeconomy has reported. The move follows a March announcement [...]

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