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PCAOB Criticizes Quality At PwC; Nothing Happens

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Big news last week in the breathless world of audits and auditors. The audit regulator, the Public Company Accounting and Oversight Board - even the word "oversight" should get you excited - published its private criticisms of PricewaterhouseCoopers poor quality audit work for not one but two audit years, 2007 and 2008 .


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