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PwC Israel fined $2.75 million for quality control violations

( February 25, 2025, 21:33 GMT | Official Statement) -- MLex Summary: Kesselman & Kesselman, a member firm of PricewaterhouseCoopers International, agreed to pay $2.75 million to resolve allegations from the Public Company Accounting Oversight Board accusing it of violating quality control standards related to integrity and personnel management. According to the disciplinary order, the firm failed to detect or prevent extensive, improper answer sharing on tests for mandatory internal training courses from 2017 to 2022.Statement follows in full. Also see attached file. ...

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