UK's accounting watchdog Financial Reporting Council (FRC) has imposed a fine of £4.5m ($5.82m) on PwC for audit failures related to Wyelands Bank’s financial year ending 30 April 2019.
PwC has been fined £2.9 million by the UK accounting watchdog over its audit of Sanjeev Gupta’s collapsed Wyelands Bank. The Financial Reporting Council (FRC) said on Tuesday that there were ...