By Kyle Brasseur2023-02-16T15:14:00
The U.K. Financial Reporting Council (FRC) launched an investigation into PwC’s audit work at collapsed real estate investment trust Intu Properties.
The probe, announced Thursday, is focused on the Big Four firm’s audits of Intu’s financial statements for the years ended December 2017 and 2018. The investigation does not currently relate to any individuals.
“We will cooperate fully with the FRC in its inquiries,” said a PwC spokeswoman in an emailed statement. “Delivering consistently high-quality audits remains our primary focus, and we continue to make significant investment in our audit practice.”
2023-12-19T15:00:00Z By Kyle Brasseur
The U.K. Financial Reporting Council announced it closed its investigation into Big Four firm PwC’s audit work at collapsed real estate investment trust Intu Properties.
2023-03-08T17:17:00Z By Aaron Nicodemus
The U.K. Financial Reporting Council fined Big Four firm PwC more than £5.6 million (U.S. $6.6 million) for failing to challenge management, obtain sufficient evidence, and follow basic requirements while conducting audits of a British defense contractor and its subsidiary.
2023-01-19T15:10:00Z By Kyle Brasseur
The U.K. Financial Reporting Council launched an investigation into Big Four audit firm EY’s work at Scotland-based Stirling Water Seafield Finance.
2025-07-31T18:47:00Z By Adrianne Appel
More than 50 people and 50 ships connected to a top Iranian official were added to the U.S. Treasury’s sanctions list on Wednesday, according to the Office of Foreign Assets Control.
2025-07-31T16:44:00Z By Adrianne Appel
Kentucky took aim at Chinese company Temu, alleging in a lawsuit that it counterfeited popular Kentucky-designed merchandise and violated customers’ privacy.
2025-07-30T17:56:00Z By Aly McDevitt
The Department of Labor is using poultry processing company Mar-Jac Poultry as an example of what will happen when companies repeatedly employ underage workers in hazardous conditions. Hint: Companies can’t pin the blame on staffing agencies.
Site powered by Webvision Cloud