Financial Reporting Council

FRC opens investigation into PwC audit of Digital 9 infrastructure

amefika2 months ago02 mins

The UK’s Financial Reporting Council (FRC) has launched a formal investigation into PricewaterhouseCoopers’ (PwC) audit of Digital 9 Infrastructure’s consolidated accounts for the year ended December 31, 2023. The investigation began after the investigation was authorized by the regulator’s Conduct Committee. According to a statement from the FRC, the case has been referred to the…

FRC weighs investigation into PwC audit of WHSmith: report

amefika6 months ago02 mins

The UK Financial Reporting Council (FRC) is considering launching a formal investigation into PwC’s audit work over accounting errors at WHSmith, the Financial times reported. The move comes after the revelation of several years of errors in the retailer’s operations in the United States. WHSmith, which has relied on PwC as its auditor since 2015,…