PWC's Oscars Mistake

  • This topic has 6 replies, 6 voices, and was last updated 8 years ago by JMG.
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  • #1499605
    Anonymous
    Inactive

    I might have to re-consider sending my resume to these guys 😀

    https://money.cnn.com/2017/02/27/media/oscars-pwc-best-picture/

    “And the loser is … PricewaterhouseCoopers.

    The global accounting firm has apologized for the embarrassing envelope mix-up that resulted in “La La Land” being wrongly announced as best picture at the Oscars.

    It’s still not clear exactly how PwC, which has administered the Oscars balloting process for more than 80 years, allowed the wrong red envelope to be carried on stage in a snafu that spoiled Hollywood’s biggest moment of the year.”

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  • #1499629
    mckan514w
    Participant

    ha- all I could think was “some poor intern just lost their job”

    and they ask me why I drink...

    FAR- 61-next time I'll ask for lube instead of a calculator
    REG-75- Never been so happy to see such a low grade
    BEC- 8/11
    AUD- 9/2

    #1499994
    VDP
    Participant

    The Envelope Guy had ONE job!! I am glad PWC took responsibility and apologized to everyone involved. They handled it well and I don't think they're in jeopardy of losing that gig.

    #1500279
    Anonymous
    Inactive

    Well, public accounting is poisonous in more ways than one. And this was one of those ways.

    #1500361
    Skynet
    Participant

    You could also say that there was a “Lack of Internal Controls” during the envelope hand off.

    #1500394
    Anonymous
    Inactive

    Yea it's been PWC for over 80 years. Perhaps there is an impairment of independence or lack of objectivity 🙂

    #1500490
    JMG
    Participant

    I could see this being a big deal if there was an error in counting the ballots or something on that end, but I mean someone got handed the wrong envelope. Still embarrassing for the firm, but I'm sure they will take steps to make sure this never happens again.

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