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Violation Tracker UK Individual Case

Company: PriceWaterhouseCoopers
Current Parent CompanyPricewaterhouseCoopers
Parent at the Time of the Penalty Announcement: PricewaterhouseCoopers
Penalty: £10,000,000
Year: 2018
Date: 12 June, 2018
Offence Group: financial offences
Offence Type: accounting fraud or deficiencies
Violation Description: The Financial Reporting Council (FRC) has sanctioned PriceWaterhouseCoopers (PwC) in relation to the 2014 audits of BHS and the Taveta Group following an investigation under the Accountancy Scheme opened in June 2016. PwC received a Severe Reprimand and was fined £10 million.
Action Type: agency action
Agency: Financial Reporting Council
HQ Country of Parent: United Kingdom
Ownership Structure of Parent: privately held
Major Industry of Parent: business services
Specific Industry of Parent: accounting services
Source of Data(click here)