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PwC/Controversies

PwC controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2014Caterpillar tax arrangement
  2. 1989Price Waterhouse gender-discrimination litigation
  3. Audit-quality and independence controversies

  1. 2014

    Caterpillar tax arrangement

    A US Senate investigation examined PwC's role in developing a tax structure for Caterpillar that allegedly moved profits to Switzerland and substantially lowered the company's US taxes.

    Source

  2. 1989

    Price Waterhouse gender-discrimination litigation

    The US Supreme Court held that gender stereotyping could constitute sex discrimination in the partnership-promotion case brought by Ann Hopkins. The litigation became an important precedent concerning mixed-motive employment decisions.

    Source

  3. Audit-quality and independence controversies

    PwC and predecessor firms have repeatedly faced criticism, litigation, and regulatory sanctions concerning alleged audit failures, conflicts of interest, tax planning, and work for controversial clients. The specific findings and responsible entities vary by country and engagement.

    Source