another dismissal! bank of china, china merchants bank, minsheng bank and many other banks have announced!
2024-09-07
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pwc’s “wave of dismissals” continues.on the evening of august 29,china minsheng bank issued the "announcement on the dismissal of the 2024 audit accounting firm", announced that it plans to dismiss pricewaterhousecoopers zhongtian llp (special general partnership) (hereinafter referred to as "pwc zhongtian") and pricewaterhousecoopers (hereinafter referred to as "pricewaterhousecoopers") as the bank's 2024 audit accounting firms. public information shows that pricewaterhousecoopers zhongtian was formerly pricewaterhouse dahua certified public accountants, which was established on march 28, 1993. it was renamed pricewaterhousecoopers zhongtian certified public accountants co., ltd. in june 2000 upon approval. it was approved by the ministry of finance’s accounting letter on december 24, 2012 and converted to pricewaterhousecoopers zhongtian certified public accountants (special general partnership) on january 18, 2013. pricewaterhousecoopers is a partnership accounting firm registered in hong kong, with a history dating back to 1902. it is a member of the pricewaterhousecoopers international network, along with pricewaterhousecoopers zhongtian. its business scope includes audit and certification services, consulting services, mergers and acquisitions services, risk certification services, and post-tax consulting services.
china minsheng bank is not the only a-share listed bank to dismiss pwc in august.
on the evening of august 19,bank of china issued the announcement on the change of accounting firm, announced the dismissal of pricewaterhousecoopers zhongtian and pricewaterhousecoopers, and hired ernst & young hua ming llp (special general partnership) (hereinafter referred to as "ernst & young hua ming") ernst & young llp (hereinafter referred to as "ernst & young hong kong").
as for the reason for dismissing pwc, both bank of china and china minsheng bank mentioned in their announcements that it was based on the principle of prudence.at present, both banks have communicated with pricewaterhousecoopers on the dismissal of the accounting firm, and pricewaterhousecoopers has no objection to the dismissal.
since the beginning of this year, many banks have announced the cancellation of their employment or renewal of pwc.
on the evening of may 27, china merchants bank issued an "announcement on the change of accounting firms". the bank stated in the announcement that after the original accounting firm has reached the maximum continuous employment period of accounting firms stipulated by the ministry of finance, the bank intends to appoint ey hua ming and ey hong kong as the bank's 2024 audit accounting firms.this also means that the decision announced by china merchants bank on september 26 last year to hire pwc zhongtian and pricewaterhousecoopers as the bank's 2024 audit accounting firms has been cancelled.
china merchants bank was the first listed bank to announce the cancellation of its employment with pwc this year. since then, many banks including bank of hangzhou, bank of ningbo and bank of suzhou have also announced the cancellation of their employment with pwc.
when the little boy saw the banker, he made a "yeah" gesture.state administration of financial supervision: we must attach great importance to this work!the six major banks announced! source: financial times clientfollow the financial times wechat account for more exclusive news and information
