PwC probed over Tenon audit

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The FRC’s Accountancy and Actuarial Discipline Board (AADB) has revealed it will finally investigate PwC’s role as auditor of RSM Tenon.

As predicted by The Times back in April, the AADB will carry out an investigation into PwC and certain members of the ICAEW following consultation with the institute.

The scope of the investigation covers the conduct of members in relation to:

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14th Aug 2012 11:00

What's a "company revaluation"?

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By swatt66
14th Aug 2012 12:57


I think they revalued by a minus amount. Otherwise known as a devaluation.

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25th Aug 2012 10:26


I note PWC are making 450 staff redundant. Would all or any of these be the junior staff who worked on the RSM Tenon audit? Senior staff who are supposed to verify all work will. naturally, be excluded.















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