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PricewaterhouseCoopers (PwC) is facing new court challenges as the fallout from the tax leak scandal in Australia continues, with two former partners filing legal actions on June 10 and June 11. The scandal has sparked scrutiny of advisory firms, and PwC Australia CEO Kevin Burrowes is bracing for impact as police investigations, regulatory probes, and parliamentary reports loom. Additionally, PwC China is under fire for its alleged complicity in developer Evergrande's financial fraud, leading multiple listed companies in China to switch away from the global auditing firm. Reports indicate that China is considering a hefty fine for PwC over its role in auditing Evergrande. The Financial Review played a key role in bringing the scandal to light.
PwC Australia CEO Kevin Burrowes is bracing for impact as the career consultant awaits the outcome of police investigations, regulatory probes, parliamentary reports and a firm on edge: https://t.co/rXtxgqGcef https://t.co/4KAN8Ge1Zg
Reminder: PwC started this whole thing. And they would have gotten away with it too were it not for that meddling Financial Review! https://t.co/SIQonVD9eJ
Multiple listed companies in China have announced they are switching away from global auditing firm PricewaterhouseCoopers (#PwC). It comes after reports last month that China is mulling a hefty fine for PwC over its role in auditing property firm China Evergrande Group, which… https://t.co/WCivfPrpBK
