PwC Faces Crisis in China Over Evergrande Audit, Partners Fear Fines as Clients Reevaluate

PwC China partners are braced for financial penalties. Clients are worried. Deep dive into the crisis facing the Big Four firm over its audit of the failed property giant Evergrande. Story with @ThomasHHChan @cheng_leng_ Sun Yu, @kayewiggins & @Simon_Foy https://t.co/KryTjuuUoQ

PwC Faces Crisis in China Over Audit of Failed Property Giant Evergrande https://t.co/ZWDxk7P0QW

Byron Wan@Byron_Wan

2 years ago

PwC is facing a crisis in China as partners brace for penalties over its audit of collapsed property developer Evergrande and some clients reconsider their relationship with the accounting firm. Partners fear they could face one of the largest fines ever imposed on a Big Four… https://t.co/ZmtRaEKSAm https://t.co/ecjZ7e44wL