PwC fined £5M for audit misconduct in U.K.

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May 12, 2017 - 4:34pm
PricewaterhouseCoopers’ firm in the United Kingdom was fined a record £5 million ($6.4 million) by the U.K.’s Financial Reporting Council for its audits of Connaught, a social housing maintenance business that collapsed in 2010.

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