PricewaterhouseCoopers (trading as PwC) is a multinational professional services network headquartered in London, United Kingdom. It is the world's second largest professional services network measured by 2013 revenues, and is one of the Big Four auditors, along with Deloitte, Ernst & Young (EY) and KPMG.PwC has offices in 776 cities across 157 countries and employs over 184,000 people. It had total revenues of $31.5 billion in FY 2012, of which $14.9 billion was generated by its Assurance practice, $7.9 billion by its Tax practice and $8.7 billion by its Advisory practice.The firm was formed in 1998 by a merger between Coopers & Lybrand and Price Waterhouse.
Posts about Pricewaterhousecoopers
  • Appeals Ct Green Lights Crowe Horwath Accounting Malpractice Suit

    … at the close of 2008, Simon Wilson and Gary Morgan. At that same time, it also hired Crowe Horwath to perform auditing services. Today Dixie Chopper is part of a much larger industrial conglomerate, Jacobsen / Textron. Until 2014, it remained independently owned and operated. The company is best known for making the world’s fastest lawn mowers. To this day…

    Due Diligence- 12 readers -
  • Appeals Ct Green Lights Crowe Horwath Accounting Malpractice Suit

    … a mistake on a tax return leading to additional tax, interest and penalties. In this case, the client claims that its accountant botched an audit. Some of the largest malpractice claims involve audits. (As this post is being written, the audit malpractice trial against PricewaterhouseCoopers in the MF Global debacle is just getting under way.) The proof…

    Due Diligence- 11 readers -
  • Accounting Firm Pays $55 Million for Missing Madoff Fraud

    … Accounting Firm Pays $55 Million for Missing Madoff Fraud Earlier this month, accounting giant PricewaterhouseCoopers (PwC) settled an accounting malpractice lawsuit by agreeing to pay $55 million. Investors in a Madoff “feeder fund” said the firm missed obvious red flags when auditing Fairfield Greenwich Group. Bernie Madoff is a household…

    Legal Malpractice - Chris Trebatoski- 34 readers -
  • Tort Reform FAILS to Reduce Health Care Costs in Texas

    …. Other studies. A PricewaterhouseCoopers study in 2010 estimated that the cost of medical care performed simply to prevent malpractice lawsuits cost $210 billion annually. This new RAND study (published in the New England Journal of Medicine) reviewed costs in Georgia, Texas, and South Carolina both before and after they changed their laws to only…

    Jeff Rasansky/ Rasansky Law Firm- 45 readers -
  • FIFA Scandal – Where Were the Accountants?

    … to help secure the World Cup in South Africa in 2010. No one from KPMG apparently questioned the transaction. The problem with KPMG goes well beyond FIFA and it isn’t limited to just one accounting firm. The other three, “Big Four” firms of PricewaterhouseCoopers, Deloitte and Ernst & Young have had their fair share of audit malpractice scandals…

    Due Diligence- 15 readers -