PwC fined £4.55m for 'serious lack of competence' in Redcentric accounting errors

Tom Wright
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PwC fined £4.55m for 'serious lack of competence' in Redcentric accounting errors

£20m hole in Redcentric's books were found following account errors

PwC has been fined £4.55m for "numerous" breaches after a £20m hole was found in the accounts of Redcentric. The auditor - one of the world's so-called big four - was found by the Financial Reporting...

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