From the Financial Times, the National Bank of Ukraine “announced it had pulled [PwC’s] domestic bank auditing rights for failing in prior audits to identify a $5.5bn balance-sheet hole at PrivatBank, the country’s largest lender.” Look for a press release stating that the annexation of Crimea was totally legal from the firm in the coming days. [FT]
Related Posts
NYSE President Not Sure About All This Auditing
Over at the House Committee on Financial Services, some opposition to Sarbanes-Oxley has come up […]
The “New” Arthur Andersen Was Just Kidding About Holding a Press Conference to Explain WTF Is Going On
Last week kinda blew by and we sorta forgot that this mysterious new Arthur Andersen […]
PwC Admits 212 New Partners and Principals in U.S.
I think this year’s new PwC partners should feel extra special on their day of […]