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PwC fined £5mn over audits of London-listed construction groups

PwC fined £5mn over audits of London-listed construction groups

PwC has been fined twice in one day by the UK accounting regulator over audit failures at London-listed construction groups Kier and Galliford Try. The Big Four accounting firm was ordered to pay £5mn after the Financial Reporting Council found problems in its audits of the companies, both of which have been hit by accounting…

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