Clients Flounder And Fail But Auditor PwC Prevails
Posted on February 04, 2013 at 11:03 AM EST
PricewaterhouseCoopers LLP audits several companies in the news recently but the global professional services firm seems to have escaped scrutiny for those clients’ serious missteps. Watchdog PwC never warned investors of faulty management and fraud that’s tanked shares, forced out top executives and resulted in expensive, ongoing private, civil, and potential criminal litigation.
PricewaterhouseCoopers LLP audits several companies in the news recently but the global professional services firm seems to have escaped scrutiny for those clients’ serious missteps. Watchdog PwC never warned investors of faulty management and fraud that’s tanked shares, forced out top executives and resulted in expensive, ongoing private, civil, and potential criminal litigation.
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