China imposes six-month business suspension on PwC's auditing unit in mainland China

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Mainland China,Finance Ministry,China

China's finance ministry on Friday imposed a six-month business suspension on PwC's auditing unit in mainland China over the auditing of Evergrande, Chinese ...

FILE PHOTO: A building housing the PricewaterhouseCoopers branch office stands behind a Chinese national flag in Beijing

BEIJING - China's finance ministry on Friday imposed a six-month business suspension on PwC's auditing unit in mainland China over the auditing of Evergrande, Chinese state media said.Members of Sweden’s royal family were also due to be at the funeral in the small town where Eriksson grew up, along with his children and his father as well as childhood friend Bengt Berg.

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PwC fined £15-million over costly London Capital & Finance audit failuresThe fine throws a spotlight on the longstanding debate about how far auditors should be responsible for spotting and flagging potential fraud
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