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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What's a "company revaluation"?

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Revaluation

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

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PWC

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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