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September 25, 2023

When accounting goes unaccounted for

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PwC Has Gotten the U.K. Audit Cops’ Attention

by Jason Bramwell

The press release the U.K. Financial Reporting Council sent out earlier today was short and sweet—all of 64 words—but it likely sent a shiver down the spines of TPTB at PwC: The Financial Reporting Council (“FRC”) has commenced an investigation into PwC LLP in relation to its audit of the consolidated financial statements of Wyelands […]