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US watchdog fines PwC affiliates and Chinese accounting firm some US$8 million for audit failures

PwC’s affiliates in China and Hong Kong, and Shandong Haoxin, have agreed to pay a combined fine of nearly US$8 million for auditing failures related to US-listed Chinese companies, the PCAOB said. ....

United States , Erica Williams , Shandong Haoxin , Pwc Hong Kong , Cyberspace Administration Of China , Pwc China , Shandong Haoxin Certified Public Accountants , Cyberspace Administration ,

PwC fined $7mn for China, HK staff cheating on exams

PwC has been fined $7 million after a US regulator found that more than 1,000 of its audit staff in China and Hong Kong cheated on internal training exams designed to get them up to speed on US standards, reports the Financial Times. The Public Company Accounting Oversight Board said that PwC staff improperly shared test… ....

Hong Kong , United States , Erica Williams , Pwc Hong Kong , Big Four , Public Company Accounting Oversight Board , Pwc China ,

US regulator slams PwC with $7 million fine

US regulator slams PwC with $7 million fine
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Hong Kong , Pwc Hong Kong , Us Public Company Accounting Oversight Board , Company Accounting Oversight Board , Pwc China ,