Probe of PwC's Evergrande conduct casts shadow on Big Four auditors

Players say firms are likely to grow more conservative, tighten procedures

20240423 PWC and Evergrande

PwC faces growing scrutiny over its auditing of Chinese property developer Evergrande. (Source photos by Reuters)

ECHO WONG, Nikkei staff writer

HONG KONG -- Growing scrutiny of PwC's audit work on bankrupt developer China Evergrande Group is stirring concern over the impact on the Big Four consulting firms' relationships with Chinese companies and could prompt a tightening of accounting procedures on existing clients.

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