Friday, January 12, 2018

A double whammy for PwC and a wake-up call for all auditors

But in India, its fee income is about a fourth that of Deloitte and roughly half that of EY and KPMG. About seven years ago, or a little after the Satyam scam was discovered, PwC was the number two firm in India as well. In short, the company has already paid a big price for its role in the Satyam fraud.

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