FRC fines PwC and bans firm partner for 15 years
PwC has received a record-breaking fine from the FRC (Credit: UnshakenCity/Flickr)
The UK’s Financial Reporting Council has fined PwC £6.5 million for its audit of now-collapsed British retailer BHS in 2014 – the largest fine the agency has imposed on an auditing firm to-date.
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