Search Results for: PricewaterhouseCoopers
‘Big Four’ audit firms never examined over illegal tax plans
January 18th, 2016
Regulators fail to act as they are dominated by the companies they are supposed to police, say critics Audit and accountancy firms who devise tax-avoidance schemes ruled unlawful have never faced official reprimand, The Independent can reveal. None of the so-called ...
PwC agreed to pay $55 million to settle claims
January 7th, 2016
PwC in $55 million settlement with Madoff feeder fund investors PricewaterhouseCoopers agreed to pay $55 million to settle claims it failed to audit properly the books of Fairfield Greenwich Group, the biggest operator of “feeder funds” for now-imprisoned swindler ...
IPO Wars: New York Stock Exchange Is Going Global
December 28th, 2015
Apparently, the world’s biggest stock exchange isn’t big enough. The New York Stock Exchange – the symbol of American capitalism that boasts a market cap of around $21 trillion – is ramping up efforts to attract more foreign ...
Britain pays to PwC for helping to design Ukraine’s tax reform – finance ministry
December 22nd, 2015
The Finance Ministry of Ukraine drew up the draft amendments to the Tax Code of Ukraine itself, although the ministry used consultations by PricewaterhouseCoopers (PwC) international consulting company, the services of which were paid by the British government. The ...
Audit Regulator Finds 28 Deficient Audits By KPMG in Annual Report
November 11th, 2015
PCAOB says Big Four firm’s deficiency rate of 54% is up from 46% a year ago Audit regulators found 28 deficient audits at KPMG LLP in its latest annual inspection of the Big Four accounting firm, an increase from ...
Venture Fund Sues PwC for Alleged Audit Deficiencies
November 4th, 2015
Burrill Life Sciences Capital Fund sued Burrill & Co.’s founder in July A venture fund launched by Burrill & Co. is suing PricewaterhouseCoopers LLP for allegedly failing to flag unauthorized transfers that it claims led to millions in investor ...
Citi dials down risky block trading amid market turmoil
October 13th, 2015
Over the summer, as the U.S. stock market wobbled and then plunged 4 percent in a day, Citigroup made a tough choice: to dial down risk-taking in the bank’s capital markets group. Phil Drury and Doug Adams, then co-heads ...
Why Vietnam could prove to be the best place to invest in the coming years
October 7th, 2015
When you hear talking about stocks and stock markets, most of the time, you hear about the Dow Jones, the Nasdaq, the Footsie or the Dax. Over the last decade, the largest emerging stock markets such as China, Brazil ...
PwC FY15 global revenues increase 10% to US$ 35.4 billion
October 6th, 2015
Strongest revenue growth in eight years Double-digit growth in Middle East and Africa (16%), North America and the Caribbean (12%) and Australasia and Pacific Islands (11%) Total workforce tops 208,000 a record number, with 53,000 people joining in FY15 ...
India Says New Tax Won’t Apply to Foreign Institutional Investors
September 3rd, 2015
Move on minimum alternate tax is aimed at calming investors’ concerns India said Tuesday that it wouldn’t go through with plans to apply a controversial tax to international portfolio investors, hoping to calm concerns about the country amid global ...
