Statement from PwC re the conclusion of the Financial Reporting Council's Cattles plc investigation

Published at 11:30 AM on 31 August 2016

PwC said:

"While the FRC has acknowledged that we had been deliberately misled by third parties, we recognise that certain aspects of this 2007 audit fell short of expected standards. Audit quality is of paramount importance to PwC and the FRC's annual audit quality assessments have shown a trend of improvement in our work over several years.”

ENDS


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