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Violation Tracker UK Individual Case

Company: PricewaterhouseCoopers LLP
Current Parent CompanyPricewaterhouseCoopers
Parent at the Time of the Penalty Announcement: PricewaterhouseCoopers
Company City/Town: London
Company Nation/Region: England
Penalty: £4,550,000
Year: 2019
Date: 13 June, 2019
Offence Group: financial offences
Offence Type: accounting fraud or deficiencies
Violation Description: The Financial Reporting Council fined PricewaterhouseCoopers £4.55 million in a Decision finding it breached standards in relation to the statutory audits of the financial statements of Redcentric plc, evidencing a serious lack of competence in conducting the statutory audit work.
Action Type: agency action
Settlement Type: Financial Reporting Council decision
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
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