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International

UK fines PwC $13 million for poor auditing work

June 13, 2018 Reprints

U.K.'s Financial Reporting Council has fined consultancy firm PricewaterhouseCoopers International Ltd. £10 million ($13 million) for poor auditing work for retailer BHS Group Ltd., City A.M. reported citing Sky News. The council also fined PwC partner Steve Denison, who conducted the BHS audit in 2014, £500,000.

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UK fines PwC $13 million for poor auditing work

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