PWC EGYPT SEES SILVER LINING FOR ACCOUNTANTS IN CURRENT TURMOIL
February 2nd, 2011
BY REBECCA COLLARD
A SENIOR partner at PricewaterhouseCoopers (PWC) Egypt has warned that his country's accountants and auditors could face a flood of work if businesses and public authorities resume normal work. When chaos broke-out in Cairo last month, accounting firms suffered. Blocked roads, curfews and protests throughout Egypt's major cities kept offices, banks and shops closed, with significant financial repercussions. While many businesses reopened in the second week of February after President Hosni Mubarak resigned, the Egyptian Exchange (EGX) remains ...
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