Noble Group hires PwC to increase accounting transparency

( July 8, 2015, 16:59 GMT | Insight) -- Noble Group, Asia's biggest commodities trader, has hired PricewaterhouseCoopers to review the way it values some of its assets after an attack on its accounting practices, Reuters reported. The Singapore-listed company rejected allegations by Ice...Noble Group, Asia's biggest commodities trader, has hired PricewaterhouseCoopers to review the way it values some of its assets after an attack on its accounting practices, Reuters reported. The Singapore-listed company rejected allegations by Iceberg Research in February that Noble inflated its assets by billions of dollars. PwC’s review, which is separate from work done by the company's regular auditor Ernst & Young, will look at Noble's mark-to-market accounting models and governance framework. The Singapore stock exchange has released a statement welcoming the move....

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Noble Group hires PwC to increase accounting transparency

Prepare for tomorrow’s regulatory change, today

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