Alibaba to renew PwC, which has worked together for 24 years
Hawk News
2024-07-11 10:21:53
2.83W
Share to:
Collect
_680230275_338.png?w=256&q=100)
Hot List Ranking
- Aston Martin announces global job cuts of around 5%, expects to save £25 millionHawk News
- Nissan plans to replace CEO due to poor performance and breakdown of merger talks with HondaHawk News
- Mercedes-Benz China starts layoff plan: the ratio is about 15%, compensation N+9Hawk News
- TSMC invests an additional $100 billion in the United States, setting a record for the largest foreign investment in U.S. historyHawk News
- Li Ka-shing sells off most of his global port operations, retaining his Chinese businessHawk News
Recently, PricewaterhouseCoopers, which has been frequently dismissed by listed companies, can be said to have temporarily "breathed a sigh of relief".
On July 5, Alibaba released an announcement showing that the company will renew its contract with PricewaterhouseCoopers as its auditor for the 2025 fiscal year.
So how much will Alibaba pay for the audit?
Although not mentioned in the above announcement, but according to the division's annual report for fiscal year 2024 disclosed in May of this year Alibaba paid a total of 165 million yuan to PwC for fiscal year 2024.
Alibaba and PwC have a deep history, and the two sides have been cooperating for 24 years. According to Alibaba's annual report for fiscal year 2022, in 1999, Alibaba began to employ PricewaterhouseCoopers (that is, Hong Kong's PricewaterhouseCoopers)
·Original
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
Guess what you like
