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Japan-Update

Toshiba auditor faces probe over earnings dispute

Move follows decision not to sign off on group's latest figures

| Japan

TOKYO -- A self-regulatory body for Japan's accounting industry will look into PricewaterhouseCoopers Aarata after the auditor declined to certify Toshiba's results for the nine months through December 2016.

The audit review committee of the Japanese Institute of Certified Public Accountants will begin looking into PwC Aarata's auditing process shortly, deeming the case serious enough in terms of its impact on the public to warrant a review. This is expected to involve testimony from accountants assigned to Toshiba as well as a close examination of reports the firm has produced.

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