The Tezos Foundation is pleased to announce that PwC Switzerland has agreed to act as the external auditor for the Foundation’s finances and operations. The Foundation is the first large-scale blockchain organization to be accepted as an audit client of one of the “Big Four.”
PricewaterhouseCoopers (“PwC”) is a global leader in professional services, offering auditing, accounting, legal, tax, and other capabilities. PwC is among the most respected accounting firms in the world, with extensive experience auditing complex operations in a wide variety of environments globally.
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The senior PricewaterhouseCoopers accountant who audited BHS’s accounts ahead of its sale for £1 just a year before the department store chain collapsed is facing a 15-year ban and six-figure fine from the industry watchdog.
Steve Denison, who spent more than 30 years at PwC according to his LinkedIn profile, becoming a partner, is understood to have been facing a £500,000 fine from the Financial Reporting Council (FRC), reduced to £325,000 after he agreed to cooperate.
PwC is separately facing a record £6.5m fine, reduced from £10m after it agreed to settle. The accountancy firm has also been given a severe reprimand and been told to monitor and support its Leeds audit practice and provide detailed annual reports about that practice to the FRC for the next three years.
PwC said: “We recognise and accept that there were serious shortcomings with this audit work and that it is important to learn the necessary lessons. We are sorry that our work fell well below the professional standards expected of us and that we demand of ourselves.”..
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KPMG slapped with $6.2m fine over oil company audit errors ...
https://www.ft.com/content/0f0393de-81d9-11e7-a4ce-15b2513cb3ffKPMG slapped with $6.2m fine over oil company audit errors. ... KPMG has been slapped with a fine of more than $6.2m by the US Securities and ... PwC and Deloitte .
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SEC Fines PwC’s India-Based Affiliates $6 Million For ...
www.big4.com/pricewaterhousecoopers/sec-fines-pwc’s-india-based...
The Satyam scandal broke upon the Indian business and global IT scene in January 2009, and almost two years later, PricewaterhouseCoopers PwC is being simultaneously ..
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PwC sued for record $5.5bn for negligence in mortgage ...
www.independent.co.uk › News › Business › Business News
PwC sued for record $5.5bn for negligence in mortgage fraud case. ... suspended sentences of 12 months and 9 months and were ordered to pay fines of €1,500 ...
RYAN do you love JAIL?.. ^^^^^^^^^^^^^
..the finger could be pointed at you
so be very careful ..
Funny you need to audit the auditors
.. THEY audit everyone else but cannot audit themselves
DUMB or THEFT ? bit of both I suppose
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OH another 1
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PwC Fined $1M By PCAOB Over Merrill Lynch SEC Violation
https://www.law360.com/articles/950911/pwc-fined-1m-by-pcaob-over...
The Public Company Accounting Oversight Board hit PricewaterhouseCoopers LLP with a $1 million fine Wednesday in connection with Merrill Lynch's violation of the..
SO GEVERS NOW ^^^^^^^ MAYBE?.. Not very trutworthy are they ryan ?..And watch out you don't get threw to the lions for fraud and theft ..
SEC already watching TEZOS now they will be watching like hawks ..
BYE all waiting to see on thursday what ideas you have come up with that every one well not every one but many many people can use tezos for ..
enjoy your day i am watching ..