Banned PwC auditor ‘spent two hours’ on BHS file
The PwC partner responsible for auditing BHS's accounts a year before it collapsed spent just two hours signing off the report, an explosive internal email has revealed.
According to Sky News, an email from the chairman of PwC Kevin Ellis sent to over 1000 partners at the Big 4 auditor details the scale of misconduct carried out by its former employee.
Earlier this month the Financial Reporting Council (FRC) handed Denison, who was senior partner of PwC’s northern region,
a £325,000 fine. Dension also agreed not to perform... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
