IRS audit of PwC to last till year-end

IRS audit of PwC to last till year-end

Firm sees end date for audit

The Internal Revenue Service audit of PricewaterhouseCoopers is expected to
continue until the end of the year, the Big Four firm has said.

The firm though would not give anymore details of the scope of the audit,
which is focusing on PwC’s sale of some of its non-audit businesses in 2002 and
2003.

Steven Silber, a spokesperson for the firm for the firm told AP:
‘PricewaterhouseCoopers tax matters are confidential and we don’t discuss them
publicly. However, PwC is a large organization, and like any large entity, is
under constant review by various taxing jurisdictions, including the IRS.’

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

1m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article