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PWC CHINA FRAUD
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...13 Sep, 2024, 07.02 PM IST- 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...13 Sep, 2024, 02.13 PM IST
- 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...12 Sep, 2024, 02.13 PM IST
- 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...10 Sep, 2024, 07.57 AM IST
- 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...05 Sep, 2024, 04.04 PM IST
- 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...22 Aug, 2024, 03.41 PM IST
- 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...20 Aug, 2024, 10.07 AM IST
- 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...18 Jul, 2024, 01.31 PM IST
- 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 ...17 Jul, 2024, 11.02 AM IST
- 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...10 Jul, 2024, 03.44 PM IST
- 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...10 Jul, 2024, 01.33 PM IST
- 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...30 May, 2024, 01.03 PM IST
- Satyam fraud hit brand, not biz: PwCBranding yes, but business no. That's how PwC global chairman Dennis Nally sees the impact of the Satyam fraud on the Indian operations of ...29 Mar, 2010, 07.05 AM IST
- PwC looks to retain talent, hire more for building brand imageThe focus on people retention is clearly part of the damage control exercise initiated after the fraud at Satyam Computers took a toll on i...13 Feb, 2010, 10.41 AM IST
- 38% global companies asked to pay bribe in India: PwC38 per cent of over 5,400 companies' representatives surveyed by PwC said they were asked to pay bribes to get licences, orders over the pa...16 Oct, 2007, 10.50 PM IST
- 'Frauds can lead to reduced trust in your brand'Advancement of technology is putting Indian companies at a higher risk of frauds. A plethora of frauds are taking place in different indust...11 Jun, 2007, 03.24 AM IST
- Regulatory overkill continues to worry banks the mostExposure to emerging markets such as India and China, volatile interest rates and commodities are the new concerns of the banking community...13 Jul, 2006, 12.59 AM IST
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