In its most recent annual report, PwC Netherlands revealed that it has uncovered exam cheating among its employees.
"We know that this behavior is contrary to the integrity and trust that must form the basis of our business, and we are determined to tackle this problem thoroughly," PwC wrote in the annual report. The extent of the cheating is currently unclear, and the firm's investigation into the misconduct is ongoing. However, when employees are found to have cheated, they are held accountable, PwC assured. Corrective measures can range from written warnings to financial sanctions and termination.
This follows a high-profile scandal in which employees at KPMG Netherlands were found to have committed "egregious" and widespread exam cheating from 2017-2022. This misconduct led the US Public Company Accounting Oversight Board to fine the firm $25 million in April 2024, the regulator's largest-ever penalty.
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