PwC resigns as China Evergrande Group auditor due to disagreements

The resigned auditor did not receive significant matters in the financial statements.

Real estate firm, China Evergrande Group, revealed that its auditor, PricewaterhouseCoopers (PwC), has quit from their post following disagreements on timetable and auditing of financial statements for 2021.

The resignation was effective 16 January 2023, the real estate company said.

According to the group, it had issues on timetable and scope of work in China Evergrande Group’s debt restructuring and auditing of their financial statements for 2021.

In its resignation letter shared by China Evergrande Group, PwC did not get any information linked to the audit of the real estate firm’s 2021 consolidated financial statements, including information on independent investigations, assessments of specific repayment plans, and results of internal control assessments.

Follow the link for more news on

China Evergrande Group

Also Read

Buildings Department approves 7 building plans in September

Hongkong Land’s Q3 profit rises on China build-to-sell completions

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit