But it was supposed to be a good PR move

For most of the past 72 years, the fact that PricewaterhouseCoopers has been validating the Academy Awards voting has been a good PR move. A great way to get a brand out there--almost like a major gold event sponsorship. In the Sarbox era, however, that is no longer true. Slate magazine has used the occasion to deliver a not-so-great profile of the firm. It notes that PwC is no Arthur Andersen. But it has had some missteps, noting its work for Tyco, Lucent and Bristol-Myers Squibb. The article also notes that the PCAOB has found deficiencies, including "failures by (PwC) to perform, or to perform sufficiently, certain necessary audit procedures." In some cases the deficiencies "were of such significance that it appeared to the inspection team that (PwC) had not obtained sufficient competent evidential matter to support its opinion on the issuer's financial statements." Well, there are going to be bad days. All that said, there has never been a breach in PwC's long history with Oscar. Let's hope the record survives.

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- here's the article