PwC UK gets clean bill of health from PCAOB
PwC UK gets a clean bill of health for its audit work and audit quality from USA’s PCAOB
In addition to evaluating the quality of the audit work performed on specific
audits, PVAOB’s inspection included a review of some of the firm’s practices,
policies and procedures in relation to audit quality.
The report concluded the inspection team did not identify anything it would
consider ‘a quality control defect that warrants discussion in a board
‘I am very pleased that no issues or criticisms are identified within the
report and that you recognise the commitment of our partners and staff to the
delivery of high quality audits which serve the public interest,’ Richard
Sexton, PwC head of assurance, said in a letter to the PCAOB.