PwC Struggling in China With Exodus of Clients and Staff
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- čas přidán 2. 07. 2024
- The recent regulatory troubles for PricewaterhouseCoopers LLP in China have caused an exodus of clients, And some of its accountants are also said to be seeking jobs at the firm's competitors. Lulu Chen reports on "Bloomberg: The China Show."
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Is it any surprise. Every other year, a big 4 is caught with an audit scandal. Enron anyone?
I bet pwc can't audit themselves properly. 😂
PWC definitely overcapacity....
PWC had got a 5 year ban in India for incorrect auditing.
Wow this is a culture
ban for 10 year
I don’t feel sorry for those company everything is expensive people need to struggle What they created
Are PwC and other foreign public audtors and foreign rating agencies credible?
domestic ones aren't neither, but I guess they charge less
credible? Lmao!
Definitely not....most US auditors are not
Absolutely for international base clients. Here is a locally bankrupted Evergrande that entered the administration phase.
But Diversity Hire prob have ruined it thanks to Freedom Plebs, everything got damaged
Why haven’t they left already? No one wants to be there.
if you are not happy, just leave
duh. pwc is hq'd in the us. the difference in culture and values between the 2 nations is astounding that pwc would even open an office there. also, big is all glamour, year after year they are sued due to incompetency because the training is nonexistent.
Look what PwC did in Australia
Kings of c0rrup tion
PWC should be fined till bankruptcy.😅 I had the misfortune of working for 1 year at one of the associated firms and the environment is corrupt and full of favouritism. Most of these overpaid employees are mediocre and so such news should be enough for client exodus and regulatory action
Or are they just getting rid of corrupt organisations?
Do auditors actually audit? This feels like it should be very obvious if anyone looked
The genuine hardworking ones get worked to death while the useless nepo kids get promoted.
For all your global ambitions㊙️, the second rule over us we're praying to God
Why is the blonde reporter telling her colleague, "so ok... you don't know the actual number..."??!! Can't they rehearse a bit beforehand?
this is live too... imagine behind the scenes 😂
bless the idiots who don’t understand how a conversation takes place.
PwC is foreign entity, they must adhere to our ways, why do we need US GAAP to tell us how to balance our books. Our record speaks for itself, besides Sino Forest, Luckin Coffee & Evergrande we have the best fully audited companies in Asia and RoW.
because if they want a fighting chance of american investors, they need some credibility besides pooh bears word.
because they sell stock in NY exchange.
Go back to school. Stop selling small Chinese sausage you might get smarter
@@dark6c159 we have Hong Kong to push the Ponzi on
@@pluto8404 please comrade don't use threatening or abusive language to most exalted leader in mankind
PwC and iS just as bad in Australia
caught on video, serving as a double agent for C I A... bye bye...
ooo