Tag: PwC
MPs to investigate Carillion auditors and board over ‘disaster in the making’
MPs from two House of Commons select committees have launched an investigation into the Carillion collapse, which will also focus on auditors and the actions of the company’s board.
Big Four accounting firms face £10m in fines for faulty audits
Report from accounting watchdog proposes lifting the maximum fines for Big Four audit firms to £10m or more in cases involving “seriously poor audit work”.
R&D spend ‘feels the effects’ of economic nationalism
Survey on research and development uncovers concerns about policies that affect visa and work restrictions, and undermine access to talent.
Investigation into PwC’s client asset reporting at Barclays closes
Accounting’s watchdog ends investigation into PwC’s audit work at Barclays, deciding there is “not a realistic prospect” of an adverse finding.
PwC reveals BAME pay gap of 12.8% in bid to ‘shine spotlight on ethnicity’
Professional services firm PwC is one of the first organisations to reveal its own pay gap for BAME (black, Asian and minority ethnic) executives, at 12.8%.
Hong Kong firms see improvement in corporate governance
Public companies listed on two Hong Kong indices have seen a major improvement in corporate governance, but there is still work to do, according to PwC Hong Kong.
PwC hit by another £5m fine after admitting failures in RSM Tenon audit
PwC hit by a £5.1m fine over its audit work at collapsed accountants RSM Tenon, just four months after a similar fine over Connaught.
Ethical ‘lapses’ driving more CEO departures, says study
More chief executives are being ousted from their roles for “ethical lapses”, due to tightening regulation and governance, digital communications, the 24-hour news cycle and increased activity in developing economies.
CEO pay is falling, says PwC study of annual reports
PwC study finds that more than 40% of FTSE 100 companies that have so far published annual reports have not given CEOs a pay rise.
Financial services firms battle to increase female applications
Only a third of financial services firms in the UK manage to increase applications from women, despite targeted recruitment campaigns.