Posts Tagged PwC
If something goes wrong on an audit, whose fault is it? Is it the partner’s fault or the junior member of staff’s fault?
Over in Australia, the Sydney Morning Herald newspaper has provided some interesting commentary on a legal case that is currently taking place concerning an audit undertaken by PricewaterhouseCoopers (PwC).
The background to the case is that shareholders in a company called Centro are claiming that PwC misled and deceived them by failing to properly disclose that t
November 1, 2012
No Comments Full Story
(EconomyAge) -- A.F.Ferguson, Pakistan’s member firm of PriceWaterCoopers, a huge market leader in audit industry, issued and cleared a certificate for its client, GlaxoSmithKline, a pharma giant, to issue bonus shares from free reserves.
According to Companies’ Rules 1996, proposed issue of bonus should not be less than twenty five percent of the enhanced paid-up capital.
According to documents received by EconomyAge, A.F.Ferguson gives a green single to GSK (GlaxoSmithKline). The l
March 18, 2012
1 Comment Full Story
By Taha Kazmi (Ireland)
As bankers all over the world tried to hide behind not ending financial crises, some members of Big Four are hiring them to head their own divisions.
PwC has recruited James Quin to join its financial services accounting advisory business. He joins from Citigroup, where he was a managing director and head of European insurance equity research.
In his new role, James will lead PwC’s insurance market reporting business in Europe and will focus
July 6, 2011
No Comments Full Story
(ExP) -- When I was younger I was given some good advice.
“Never write something about somebody else in an email that you would feel embarrassed about if that message ended up pinned to the office noticeboard”.
The thought behind this was that it’s easy to fire off an email but once it’s sent it can quickly be forwarded by other people and isn’t always guaranteed to remain confidential.
A certain male member of staff at the pwc Dublin office will no doubt from now o
June 28, 2011
No Comments Full Story
By Ali Ahmad
Would you show your loyalty to KPMG with a tramp stamp? Or the new PwC logo on the back of your neck? How about Deloitte green dots incorporated into some barbed wire? Confused?
While most people are looking for new jobs in current economic environment but for those of you looking to show some loyalty to your audit firm, you should know that some company ink may go a long way:
Employees of Anytime Fitness, a workout chain based
May 4, 2011
1 Comment Full Story
By Zaara Rahman
Indian Affiliate of PriceWaterCoopers, who break all records of past and present corruption in audit industry, settled its lawsuit in over 150 Crore of payment to Satyam Computers Fraud, a new century fraud case. A high profile and high end fraud case in India where now Parliament and its executive committees are involved.
This settlement came four weeks after PwC agreed to pay a record $7.5 million US penalty over its auditing work for Satyam.
May 2, 2011
1 Comment Full Story
By Ali Ahmad
"I want Pakistan to win today. Desperately. But let me be clear: I will not become more Pakistani than I already am if we win. Nor will I become a lesser Pakistani if we lose."
The crazies part of subcontinent is its love for Cricket and nothing could be more interesting than watching Pakistan and India playing against each other, let alone if they are playing in a world cup semi final.
So we set to ask our friends in accountancy bodies t
March 29, 2011
No Comments Full Story
By Ali Ahmad
In another interesting turn of events, Afghan government start blaming A.F.Ferguson & Co of Pakistan, a member of PriceWaterCoopers. The finance ministry of Afghanistan said that an “erroneous” audit and inadequate help from international banking advisers compounded financial problems at the embattled Kabul bank.
These comments came after a top U.S. Treasury Department official visited Kabul Thursday to discuss improving oversight of the n
March 9, 2011
1 Comment Full Story
(Exp) -- Things have changed. You won’t be hearing much about PricewaterhouseCoopers any more. Is this breaking news? Does this mean that we will be talking about the Big 3 rather than the Big 4?
Should PricewaterhouseCoopers partners and staff be rushing to recruitment consultants to get another job?
There’s no need to panic as all is well with the company. What they have done though is undertaken a rebranding exercise.
The company has commonly been referred to as PwC since it was es
January 5, 2011
No Comments Full Story
By Ali Ahmad with Michelle Murdoch
Once again, we take this opportunity to be the first to break this news. Our sources confirmed us that PricewaterhouseCoopers LLP (PwC) announced today that it is making much of its training material openly available and free in a convenient online format at PwC Open University.
The first-of-its-kind corporate resource provides business executives, faculty, students and regulators around the world with access to an expansive and growing library o
July 23, 2010
1 Comment Full Story
« Older Entries