Business
PwC stepping down as auditor of Boohoo amid governance concerns – The Guardian
A review of the fast fashion retailer’s practices accused it of ‘weak corporate governance’
PricewaterhouseCoopers is stepping down as auditor of Boohoos financial accounts as the fast fashion firm faces scrutiny over malpractice in its supply chain. According to the FT, PwC resigned its role, held since 2014, over concerns about governance at Boohoo.
However, a Boohoo spokesperson said: PwC has not resigned as auditor to Boohoo, but a process has recently commenced to tender for a new provider of audit services.
The auditor is stepping down after a damning review, conducted by Aliso…
-
Noosa News22 hours agoElderly hatchback driver killed in collision on Brisbane road
-
General18 hours agoAustralian cyclist Michael Matthews to miss Tour de France due to pulmonary embolism
-
Noosa News18 hours agoSupernova? High-speed stunt for mystery movie in CBD
-
General20 hours agoBenjamin Netanyahu and Ali Khamenei — the men behind the Middle East’s latest conflict