Noble Group Sets Review Panel to Check Accounting; PwC Hired
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Noble Group Ltd. appointed PricewaterhouseCoopers LLP to review how it values some of its assets after criticism of the Asian trading company’s accounting practices.
PwC will “conduct an assurance review of Noble’s mark-to-market models, valuations, and governance framework,” Noble said in a statement that also announced the creation of an independent board committee that appointed the accounting firm.