PwC China Hit With Six-Month Ban Over Evergrande Crisis
China’s finance ministry and securities regulator imposed record fines and a six-month suspension on PricewaterhouseCoopers’s ...
Scandals in China and Australia hit Big 4 giant PwC, but global revenues reached a record high
Big Four consulting firm PwC shrugged off reputation-damaging scandals in China and Australia this year to post record ...
seattlepi.com1mon
China hands PwC a 6-month ban and fine over audit of the collapsed developer Evergrande
China's finance ministry said PwC issued "false audit reports" of Evergrande and that the audit procedures had “serious defects” in design and implementation, leading to many false conclusions.
The Financial Times12d
FirstFT: Twin scandals hit PwC’s Asia profits
The consultancy firm was accused of fraud by Chinese regulators after the collapse of property developer Evergrande and last ...
scmp.com1mon
China Evergrande Group
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.
Yahoo Finance1mon
PwC invests in 'high quality' business in China after record fine, internal memo says
PwC Zhong Tian LLP was hit with a six-month suspension and a fine of 441 million yuan ($62 million) on Friday over the firm's audit of failed property developer China Evergrande Group. Chinese ...
PwC profits fall in Asia after scandals in China and Australia
Revenue in Asia-Pacific, the smallest of PwC’s regions, fell from $10 billion in the 2023 fiscal year to $9.3bn, down 5.6 per ...
AOL12d
Scandals in China and Australia hit Big 4 giant PwC, but global revenues reached a record high
PwC said demand was particularly slow in China, where revenues fell. In September, the firm was found to have helped conceal fraud at the now-collapsed Chinese property developer Evergrande.