Davidson News

Davidson News

US Regulator Imposes $7 Million Fine on PwC China for Exam Cheating

The China division of the renowned “Big Four” firm PwC is facing a substantial $7 million fine from the US Public Company Accounting Oversight Board (PCAOB). The regulator disclosed that PwC failed to prevent extensive cheating during internal training exams in mainland China and Hong Kong, marking one of the largest fines ever imposed by … Read more