Watchdog berates PwC over 'misleading' BHS accounts

Regulator criticises accountant for signing off ‘unrealistic’ forecasts before sale of retailerBHS’s accounts were misleading and featured unrealistic forecasts before Sir Philip Green sold the now collapsed department store chain, according to a report into the role of the retailer’s auditor, PwC.The Financial Reporting Council (FRC) said BHS’s 2014 accounts were “incomplete, inaccurate and misleading” because they said Taveta, BHS’s owner, would