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News/Compliance & Enforcement/Fed Judge’s Decision Could Cost Pricewaterhouse $1 Billion and Require Auditors to Detect Fraud
News·Compliance & Enforcement Brief

Fed Judge’s Decision Could Cost Pricewaterhouse $1 Billion and Require Auditors to Detect Fraud

A federal judge who ruled against Pricewaterhousecoopers could cost the auditor more than $1 billion in damages and help to establish law that auditors may be liable for failing to detect fraud.

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