PwC Fined $3M Over Auditor Controls, Australia Probe

[Gunnar Larson]

PwC Fined $3M Over Auditor Controls, Australia Probe
<https://www.law360.com/capitalmarkets/articles/1818818?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-03-29&read_main=1&nlsidx=0&nlaidx=6>

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.

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