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DB funding — Feb 2022: Funding improves

Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. Here are the latest February 2022 estimates on the various measures… ....

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Ashneer Grover quits BharatPe, charges investors with alienating and strongarming

Grover insists in his resignation letter that he was arm-twisted into resigning. BharatPe retorts he resigned ahead of PwC submitting findings on his conduct ....

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PwC Australia acquires Greenwoods & Herbert Smith Freehills

Australian tax advisory firm, Greenwoods, will join PwC Australia this year with 15 tax partners and 50 staff joining the firm. ....

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Volume of M&A deals in nation surges to record, but value falls

The volume of China's merger and acquisition deals surged to a record of 12,790 in 2021, up 21 percent on a yearly basis, but their value fell 19 percent from the previous year's record level to $637 billion, a report from global accounting firm PwC said. ....

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PCAOB penalizes PwC Canada for sharing training exam answers

The board censured PricewaterhouseCoopers’ Canadian firm and imposed a $750,000 penalty, saying over 1,200 employees shared answers to tests during mandatory training courses. ....

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