Wednesday, December 20, 2017

Dutch court tears up PwC and EY fines, says watchdog is lacking evidence

Last year, the AFM fined the big four accountancy firms a total of €6m after an investigation which found Deloitte, EY, KPMG and PwC did not achieve the required duty of care and were lax in checking corporate accounts in 2012 and 2011. The biggest fine – €2.2m, went to EY while PwC was fined ...
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