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PwC to curtail consulting work for US audit clients to reduce conflict risk

New York/London | PwC is planning to give up tens of millions of dollars of consulting work for its US audit clients to reduce the risk of conflicts of interest, challenging its rival big four firms to follow suit.

The accounting firm has begun to tell clients it will stop offering them some advisory services, even though they are permitted under US rules, as part of a wider revamp of its audit work.

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    Original URL: https://www.afr.com/world/north-america/pwc-to-curtail-consulting-work-for-us-audit-clients-to-reduce-conflict-risk-20230911-p5e3ln