PwC has more than 100 years of experience serving energy companies, including some of the world’s largest national oil companies and international oil companies. The Energy sector consists of both a Global and US practice. We provide a full range of assurance, tax and advisory team members who understand the industry and the issues that energy companies face. Our professionals specialize in accounting and auditing, rate regulation, financial risk management, revenue assurance, taxation, transaction services, environmental regulation, Sarbanes-Oxley compliance and other key areas for the industry.
PwC comments on the SEC’s Dodd-Frank clawback proposal
PwC is supportive of the proposal and agrees with the Commission’s definition of the term accounting restatement, including the limitation of the proposed clawback to material restatements.