Compliance
PCAOB fines PwC Israel for test cheating
Board says “hundreds…engaged in improper answer sharing.”
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Board says “hundreds…engaged in improper answer sharing.”
It’s paying extra attention to crypto, cyber incidents, and compliance with new regs.
It also tightened a rule around when auditors are held responsible for wrongdoing.
Even its former head of assurance, a management board member, took part.
Auditors would need to be more proactive around NOCLAR.
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