PwC Fined $3M Over Auditor Controls, Australia Probe

By Jessica Corso

The Public Company Accounting Oversight Board leveled a pair of fines totaling more than $3 million against PwC on Thursday, accusing the Big Four accounting firm of failing to maintain policies to ensure auditor independence and of waiting years to inform the U.S. regulator that it was being investigated in Australia.

 2 documents attached | Read full article » | Save to favorites »