PricewaterhouseCoopers (PWC) and senior partner Nicholas Boden have been fined and reprimanded after admitting misconduct in relation to the audit of RSM Tenon's financial statements.
PWC was initially fined £6m, which has since been reduced to £5.1m after a settlement discount. The accountancy firm also faced a severe reprimand and had to pay £500,000 towards the Financial Reporting...
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Responding to letter from Treasury Committee chair Nicky Morgan