PricewaterhouseCoopers LLP is investing $12 billion across its global business over the next five years to support audit quality.
“The approach to building trust is designed to meet rising expectations of transparency and stakeholder engagement. It combines expertise in audit, tax, and compliance activity with an expansion of specialist capabilities including cybersecurity, data privacy, ESG and AI,” the group said in an emailed statement.
As a result, it aims to create over 100,000 new jobs. As well as continuing to develop the skills of partners and employees. At present, the firm employs about 284,000 people globally.
“We will continue to evolve our ways of working, and expand our capabilities in the areas that matter most for the future while remaining steadfast in our commitment to quality,” PwC Chairman Bob Moritz said. “We want our people to be the most sought after in the market.”