Judy Phair Looks at PricewaterhouseCooper’s Handling of Ban in India

PricewaterhouseCoopers has been banned from auditing listed companies in India for two years because of its failure to detect a billion-dollar fraud at a company there.  In The Wall Street Journal’s “Risk and Compliance Journal,” Phair notes that in addressing the crisis, “PwC’s current actions neither fit nor advance its global or Indian reputation.”