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PwC auditing record under fire after $5.8b shortfall at Brazil retailer Americanas

The balance sheet irregularities at Brazilian retailer Americanas come after scrutiny on PwC’s Australian arm over leaks from its tax advisers.

Japan , United-states , United-kingdom , Brazil , Brazilian , American , British , Eduardo-silva , Carlos-alberto-sicupira , Marcel-telles , Brasil-resseguros , Jorge-paulo-lemann

Americanas' $4B accounting scandal puts more scrutiny on PwC's auditing record

The $4 billion accounting shortfall would typically raise alarm bells for an auditor. Somehow, a PricewaterhouseCoopers LLP affiliate didn't catch it at Americanas SA.

Brasilia , Distrito-federal , Brazil , Japan , United-states , United-kingdom , Brazilian , American , British , Gustavo-minas-bloomberg , Marcel-telles , Jim-peterson

Brazil's Americanas shares plunge more than 75% on 'accounting inconsistencies'

SAO PAULO -Shares in Brazilian retailer Americanas SA fell more than 75% on Thursday after its chief executive officer resigned citing the discovery of accounting inconsistencies totaling 20 billion...

Itau , Rio-grande-do-norte , Brazil , Brazilian , Miguel-gutierrez , Conor-humphries , Aluisio-alves , Tatiana-bautzer , Alberto-alerigi , Alberto-alerigi-jr , Otavio-yazbek , Mark-potter