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PWC CHINA AUDIT
Kunal Shah’s WhatsApp win; India bourses insulated from AI boomIn bagging the top job at WhatsApp, Cred’s Kunal Shah has done what no Indian entrepreneur could do. This and more in today’s ETtech Top 5.- PwC Hong Kong to pay Evergrande shareholders HK$1 billion in compensation, SFC saysPricewaterhouseCoopers LLP will pay HK$1.3 billion in fines and compensation to settle investigations into its auditing of collapsed proper...
- PwC troubles in China deepen with exit of Hong Kong partnersPricewaterhouseCoopers faces escalating challenges in Hong Kong due to its involvement in the China Evergrande Group audits. The firm is ex...
- PwC exits more than a dozen countries to avoid scandalsPwC is scaling back its global operations, shutting down businesses in several smaller and riskier countries following scandals and disagre...
- PwC invests in 'high quality' business in China after record fine, internal memo saysPwC is investing in its China operations after regulators fined its mainland unit for auditing failures related to Evergrande. New territor...
- Explainer: How big are the Big Four accounting firms in China?Chinese regulators have imposed a six-month business suspension and a record fine of $62 million on PwC's auditing unit in mainland China o...
- China imposes six month suspension and $62 million fine on PwC following Evergrande controversyChina's finance ministry has imposed a six-month business suspension on PwC's auditing unit in mainland China due to its role in auditing E...
- PwC announces 1,800 layoffs in US as part of big restructuring, first in 15 years: ReportPricewaterhouseCoopers layoffs: The job cuts span various roles and departments, primarily affecting advisory and technology operations. Pw...
- PwC to bring UK partner for help after Evergrande scandal hurts operations in China: ReportPwC is set to appoint UK partner Hemione Hudson to lead its China business following the Evergrande fallout. Chinese regulators are expecte...
- China property developer Country Garden removes PwC as auditorCountry Garden Holdings has announced the resignation of PricewaterhouseCoopers (PwC) as its auditor, following the property developer's re...
- PwC China faces 6-mth business ban, large fine over Evergrande audit, sources sayChinese regulators are likely to impose a six-month business suspension for part of PricewaterhouseCoopers' auditing unit in mainland China...
- PwC loses major client Bank of China amid regulatory probePwC has lost its biggest mainland China client, Bank of China, to EY. This change follows a regulatory probe into PwC's work with China Eve...
- PwC to slash China partners' pay after being hit by client exodusPwC has asked its China-based partners to take up to a 50% pay cut amid a regulatory probe and client departures, prompting cost cuts and l...
- PwC weighs halving of China financial services audit staffPwC plans to cut up to half its financial services auditing staff in China amid regulatory scrutiny and client departures. The firm, which ...
- China dials up scrutiny of Big Four audit firms after Evergrande probe, sources sayChina's Ministry of Finance is intensifying checks on Big Four auditing firms like Deloitte, EY, PwC, KPMG for local companies. Focus on au...
- Mass layoffs at PwC after exodus of clients in ChinaPricewaterhouseCoopers LLP is reducing staff in China due to declining revenue prospects and client exodus. Over 100 employees across Beiji...
- PwC names new China head amid regulatory scrutinyPwC said in a statement to Reuters on Wednesday that Shanghai-based Li assumed the role of chairman of PwC China and Asia Pacific with effe...
- Evergrande liquidation law firm probing PwC, others for potential claimsLawyers for China Evergrande Group's liquidators are investigating its former auditor, PwC, and other service providers to recover losses f...
- PwC in major accounting scandal? China may impose record fine on PricewaterhouseCoopers over Evergrande auditing workChina is set to impose a record fine on PricewaterhouseCoopers LLP and may suspend some of its local operations due to its involvement in a...
- E-commerce giants still no match for traditional retailers: Pricewaterhouse-CoopersOnline stores are projected to account for only 3% of India’s total retail market by 2020, PwC said in its report 'eCommerce in India Accel...
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