PwC faces probe from UK regulators over audit of defence firm Babcock International

UK regulators are pushing forwards with an investigation into PwC’s audit of British defence company Babcock International. The UK’s Financial Reporting Council (FRC) said in a statement that it will commence its investigation into PwC’s audit of Babcock, for the financial years (FYs) ending on 31 March 2019 and 31 March 2020.   The FRC’s [...]