Toshiba to replace auditor PwC over differences: Nikkei

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Toshiba Corp (6502.T) has decided to replace its auditor after less than a year as the troubled electronics conglomerate struggles to win its approval on full-year financial statement, the Nikkei business daily reported.

Earlier this month, the company filed twice-delayed business results without an endorsement from auditor PricewaterhouseCoopers (PwC) Aarata, putting its listing on the Tokyo Stock Exchange in jeopardy.

At a news conference announcing the third-quarter results on April 11, Chief Executive Satoshi Tsunakawa said there were irreconcilable differences with the auditor over the validity of past reports. read the rest here

4/25/1710:22 PM

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