{"id":20967,"date":"2022-05-31T16:21:59","date_gmt":"2022-05-31T16:21:59","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/pwc-resigns-as-oceanas-auditors"},"modified":"2022-05-31T16:34:50","modified_gmt":"2022-05-31T16:34:50","slug":"pwc-resigns-as-oceanas-auditors","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/pwc-resigns-as-oceanas-auditors","title":{"rendered":"PwC resigns as Oceana&#8217;s auditors"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Namibia. <\/strong><\/span><b>GLOBAL auditing firm PwC has resigned as the external auditor of Oceana Group Limited, citing a strained relationship with the company&#8217;s board of directors.<\/b><\/p>\n<p>Oceana owns the popular canned fish brand Lucky Star, and sells fishmeal, fish oil and fish internationally.<\/p>\n<p>At the previous annual general meeting, shareholders of Oceana voted against retaining PwC as the group&#8217;s auditors.<\/p>\n<p>Shareholders were meant to be consulted on a replacement auditing firm on Monday, however, they announced that PwC had already resigned.<\/p>\n<p>\u201cShareholders are now advised that late afternoon, Friday 27 May 2022, PwC resigned as auditors of the group with immediate effect in respect of the audit of the financial year ending September 2022, due to their assessment of significant doubt as to whether there was objective and transparent communication between the board and PwC, given the strained relationship, which they assert constituted a significant impairment of their independence,\u201d Oceana said in a statement.<\/p>\n<p>Oceana further stated: \u201cThe board supports the principle of mandatory audit firm rotation and recognises the importance of appointing competent and independently minded auditors.<\/p>\n<p>\u201cTo this end, and as a contingency to the outcome of the shareholder consultation process, the board had already begun a process to identify a potential alternative to PwC.\u201d<\/p>\n<p>The company went on to say that discussions with one of the &#8216;Big Four&#8217; auditing firms have been progressed and the company is confident it would be able to appoint new auditors within the required 40 business days, subject to regulatory requirements.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/namibia\">Namibia<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Namibia. GLOBAL auditing firm PwC has resigned as the external auditor of Oceana Group Limited, citing a strained relationship with the company&#8217;s board of directors. Oceana owns the popular canned fish brand Lucky Star, and sells fishmeal, fish oil and fish internationally. At the previous annual general meeting, shareholders of Oceana voted against [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":20965,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[234,236,233],"class_list":["post-20967","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>PwC resigns as Oceana&#039;s auditors - Namibia<\/title>\n<meta name=\"description\" content=\"GLOBAL auditing firm PwC has resigned as the external auditor of Oceana Group Limited, citing a strained relationship ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/pwc-resigns-as-oceanas-auditors\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PwC resigns as Oceana&#039;s auditors\" \/>\n<meta property=\"og:description\" content=\"GLOBAL auditing firm PwC has resigned as the external auditor of Oceana Group Limited, citing a strained relationship ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/pwc-resigns-as-oceanas-auditors\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-31T16:21:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-31T16:34:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/05\/postQueueImg_22-6296439556b38.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"423\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/pwc-resigns-as-oceanas-auditors#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/pwc-resigns-as-oceanas-auditors\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"PwC resigns as Oceana&#8217;s auditors\",\"datePublished\":\"2022-05-31T16:21:59+00:00\",\"dateModified\":\"2022-05-31T16:34:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/pwc-resigns-as-oceanas-auditors\"},\"wordCount\":263,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/pwc-resigns-as-oceanas-auditors#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/05\/postQueueImg_22-6296439556b38.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/pwc-resigns-as-oceanas-auditors#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/pwc-resigns-as-oceanas-auditors\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/pwc-resigns-as-oceanas-auditors\",\"name\":\"PwC resigns as Oceana's auditors - 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