Financial Digest

PwC fined £1.75mn over BT audit after alleged Italian fraud

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Well this seems to have become a habit for PwC. A small amount for them when they evade billions and billions for their clients.

What is professional scepticism? To show professional scepticism means: having a questioning mind being alert to anything that may indicate misstatement due to error or fraud critically assessing audit evidence.

failed to act with the 'requisite professional scepticism'

thelucyjohnston Well it was just a guess.

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