PwC Faces Crisis in China Over Audit of Failed Property Giant Evergrande
Wednesday, 22 May 2024, 04:00
PwC Faces Crisis in China
The audit crisis at PwC China, triggered by its involvement in the audit of failed property giant Evergrande, has led to infighting at the Big Four firm as clients reconsider their relationship. The scrutiny over PwC's role in approving Evergrande's accounts has raised concerns about potential financial impact and regulatory repercussions in the Chinese market.
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