PwC looks to recruit 500 extra auditors to deliver top audits

Professional services firm PwC UK is recruiting 500 additional experienced auditors across the UK.

The recruitment drive is a part of a package of measures to ensure it delivers consistently high-quality audits.

Some of the measures announced also include:

  • Committing an additional £30m annually, targeted at training, people and technology initiatives
  • Doubling the face-to-face training programme for all experienced auditors
  • Creating a new national digital audit team, focused on developing and applying innovative technologies to help drive audit quality
  • Commissioning an independent paper from Karthik Ramanna, professor of business & public policy at the University of Oxford’s Blavatnik School of Government, on what a culture of challenge means for auditors in 2019
  • Creating a practice solely focused on external audit and strengthening its governance with independent non-executives
  • Undertaking a comprehensive review of the entities audited to ensure the group achieves a return that allows continual investment in and focus on quality
  • Increasing by two-thirds the number of specialists in the group’s audit quality control team.

PwC UK head of audit Hemione Hudson said: “It is right to continually review how our audit practice operates to ensure we are focused on conducting the most challenging and objective audits. These actions will ensure more consistent audit quality and increased transparency, while at the same time strengthening our market resilience.”

• Comment below on this story. You can also tweet us to tell us your thoughts or share this story with a friend. Our editorial email is recruiter.editorial@redactive.co.uk

APPOINTMENTS: 11-15 MAY 2020

This week’s appointments include: Albert Goodman, Ocean Technologies Group

People 12 May 2020

NEW TO THE MARKET: 11-15 MAY 2020

This week’s new launches include: Bullhorn, eFinancialCareers, HR GO Recruitment, JobsTrackR

New to Market 12 May 2020

APPOINTMENTS: 4-8 MAY 2020

This week’s appointments include: APSCo, Fircroft Group, Pedersen & Partners, Robert Walters

People 4 May 2020

CONTRACTS & DEALS: 4-8 MAY 2020

This week’s new contracts & deals include: CD Recruitment, Connektd, HECSU Prospects, Jisc, Mazuma, Resume-Library, Sales Confidence, Wagestream

Contracts 4 May 2020
Top