PwC fined nearly £1.8m over BT fraud audit failures - The Guardian

Accounting firm failed to act with ‘requisite professional scepticism’, says FRC

PwC has been fined almost £1.8m for failing to properly scrutinise the accounts of telecoms company BT after a £500m accounting fraud had been uncovered at its Italian operation. The accounting gian… [+3467 chars]

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