PWC Archives - CFO

The Big Four Continue to Dominate Auditing: Weekly Stat

The Big Four Continue to Dominate Auditing: Weekly Stat

The audit market is most concentrated among the population of large accelerated filers, 88% of which tap a Big Four firm for assurance.

By Vincent Ryan | June 29, 2022

Companies Brace for Impacts to Top & Bottom Lines

Companies Brace for Impacts to Top & Bottom Lines

Most companies are quickly shifting strategies as they size up COVID-19's likely impacts on revenue and profits, PwC finds.

By David McCann | March 16, 2020

Do CEOs Have an Economic Crystal Ball?

Do CEOs Have an Economic Crystal Ball?

Watch out: Chief executives have long had an uncanny knack for predicting how the economy will fare in the next year — and for 2020, their outlook is dark.

By David McCann | January 29, 2020

5 Priorities for Moving Ahead with AI in 2020

5 Priorities for Moving Ahead with AI in 2020

Companies are coming to grips with the notion that they can't deploy artificial intelligence at scale as quickly as they had expected, research suggests.

By David McCann | December 6, 2019

PwC Fined $7M for Audit Independence Violations

Risk & Compliance

PwC Fined $7M for Audit Independence Violations

The SEC says the firm improperly worked on non-audit services including financial software projects for audit clients.

By Matthew Heller | September 24, 2019

PwC Fined Over Audit Failure

Risk & Compliance

PwC Fined Over Audit Failure

The company was fined $5.8 million over its audit of technology firm Redcentric.

By Lauren Muskett | June 13, 2019

PwC to Restructure U.K. Audit Practice

PwC to Restructure U.K. Audit Practice

Amid growing pressure from regulators, the firm announced plans for a significant transformation of its audit business.

By Lauren Muskett | June 5, 2019

Machine-Driven Enforcement and Wrestling with Clouds

Risk & Compliance

Machine-Driven Enforcement and Wrestling with Clouds

Are ever-growing compliance costs just the price of admission to the global economy?

By Vincent Ryan | May 30, 2019

Private Companies Grow Anxious Over Global Demand

Private Companies Grow Anxious Over Global Demand

Views of demand for products and services are dramatically different than they were a year ago, a study shows.

By David McCann | April 16, 2019

PwC Hires More Companies’ Tax Teams

PwC Hires More Companies’ Tax Teams

In the latest deal under the professional services firm's "insourcing" managed-service strategy, most of Synchrony's tax department is now on its payroll.

By David McCann | February 15, 2019

Accounting Watchdog Finds Ongoing Problems at KPMG

Corporate Finance

Accounting Watchdog Finds Ongoing Problems at KPMG

The PCAOB’s criticism came in its 2017 inspection report for the firm.

By Lauren Muskett | January 28, 2019

Auditing: Time for an Adjustment?

Revenue Recognition

Auditing: Time for an Adjustment?

Keeping the auditor-client relationship free of conflicts of interest is still a struggle.

By Vincent Ryan | October 23, 2018

Boards Sharpen Focus on Social Issues

Risk & Compliance

Boards Sharpen Focus on Social Issues

Directors increasingly see matters such as resource scarcity, human rights, and income inequality as important components of strategy discussions.

By David McCann | October 17, 2018

Meeting the Tax Reform Challenge Through Automation

Meeting the Tax Reform Challenge Through Automation

Companies don't need to spend a lot of money to address the issues brought on by tax reform. All they need is a bit of automation in the finance function.

By Michael Shehab | June 26, 2018

U.K. Fines KPMG $4M for Audit Deficiencies

Risk & Compliance

U.K. Fines KPMG $4M for Audit Deficiencies

The firm admitted its audits of scandal-plagued Quindell plc fell “significantly short” of professional standards.

By Matthew Heller | June 11, 2018