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Friday Footnotes: The Bravest of Accounting Firms; Oh STFU, CFOs; | 8.09.24

Going Concern

Exclusive: China asks large state financial institutions to drop auditor PwC, say sources [ Reuters ] Chinese regulators have in recent months asked several large state-owned clients of PricewaterhouseCoopers (PwC) to drop the auditor as it braces for penalties over its work for troubled property developer Evergrande, said two sources.