• To structure the contents of this report, we asked ourselves “what our clients and public would like to know about PwC and what information would help them in making decision in selecting auditors”
• However, a key challenge we have faced in preparing our transparency report is how much information should be included. Certain information relating to our internal systems and processes could be considered to be commercially confidential or sensitive. There are trade-offs to be weighed between the public interest benefit of transparency and potential disadvantage to the firm and the network.
• In addition, as part of a global network, we have to take steps to ensure that the contents of our report is consistent with other member firms which also compile similar reports, as certain systems and processes are used globally across the network.