Profits slide at PwC Australia
PwC has become the first Big Four firm in Australia to release fully audited financial accounts.
The inaugural annual report was one of the firm's action points to regain trust after the recent scandal.
Profits at PwC Australia have dived by 17% in the first results following the conflict of interest scandal which saw the firm dismembered, a new chief brought in from Singapore, and major job cuts.
The accounts published today show that while revenue fell only 6% to A$2.17b ($2.34b), profits were
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