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PwC admonished by regulator for construction company audit failures

Professional Services Correspondent

PwC has been fined more than £8m for poor quality audits of construction companies Kier Group and Galliford Try.

The Big Four firm was hit with fines and “severe” reprimands by audit regulator the Financial Reporting Council in two separate decisions published on 7 June.

PwC fined £8m over Kier Group and Galliford Try audits

James Booth

Kier Group

Galliford Try

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