FSA orders ChuoAoyama to suspend part of auditing services

FSA orders ChuoAoyama to suspend part of auditing services

TOKYO, Japan - Akio Okuyama, chairman and chief executive officer of ChuoAoyama PricewaterhouseCoopers, one of Japan's leading auditing firms, speaks during a news conference in Tokyo on May 10 after the Financial Services Agency issued a business suspension order to the company due to its failure to prevent an earnings falsification scandal at Kanebo Ltd.

All but 1 of ChuoAoyama's executive partners steps down

All but 1 of ChuoAoyama's executive partners steps down

TOKYO, Japan - Akio Okuyama, chief executive partner of the auditing firm ChuoAoyama PricewaterhouseCoopers apologizes at a press conference Oct. 3. The company said 10 of its 11 executive partners have stepped down from their positions to take responsibility for the indictment of three of the company's auditors for helping Kanebo Ltd. falsify its financial statements. Okuyama will stay in his post.

FSA orders ChuoAoyama to suspend part of auditing services

FSA orders ChuoAoyama to suspend part of auditing services

TOKYO, Japan - Akio Okuyama, chairman and chief executive officer of ChuoAoyama PricewaterhouseCoopers, one of Japan's leading auditing firms, speaks during a news conference in Tokyo on May 10 after the Financial Services Agency issued a business suspension order to the company due to its failure to prevent an earnings falsification scandal at Kanebo Ltd. (Kyodo)

All but 1 of ChuoAoyama's executive partners steps down

All but 1 of ChuoAoyama's executive partners steps down

TOKYO, Japan - Akio Okuyama, chief executive partner of the auditing firm ChuoAoyama PricewaterhouseCoopers apologizes at a press conference Oct. 3. The company said 10 of its 11 executive partners have stepped down from their positions to take responsibility for the indictment of three of the company's auditors for helping Kanebo Ltd. falsify its financial statements. Okuyama will stay in his post. (Kyodo)