Samsung's response will go beyond just asking HEG to shape up, though: it plans to finish auditing all 105 of its exclusive Chinese contractors by the end of September, determine whether inspections of non-exclusive contractors are needed and set up a long-term audit schedule past 2013 that includes tougher requirements.

ENGADGET: Samsung finishes initial Chinese factory audits, plans long-term solutions to labor woes

Walt Disney and Goldman Sachs are important and long-term PwC audit clients.

FORBES: Why Did IGT Hire John Vandemore? Quick Answer is PwC

The Institute for Government said the mid-term update was welcome but not the audit it had urged.

BBC: UK Politics

Aided by Mr Radler, a tight-knit group of business cronies and a shamefully acquiescent audit committee, Lord Black's systematic long-term looting of the companies he controlled became increasingly frenzied.

ECONOMIST: Conrad Black's story

Nick Clegg last month promised the government would publish a "candid" audit of the government's performance as part of a Mid-Term Review "which would surprise on the upside".

BBC: UK Politics

But the prime minister dismissed this, saying the government was publishing "every single audit of every single promise - all 399 pledges set out in the Mid-Term Review".

BBC: UK Politics

Audit Scotland said the need for boards to break even each year encouraged a short-term focus on spending.

BBC: Medical money

The Audit Office said it was doubtful whether the Titanic Signature Building would break even in the long term.

BBC: Titanic building may face long term financial concerns