The International Olympic Committee (IOC) has reappointed PricewaterhouseCoopers, the international professional services firm, as its external auditor for a six-year term.
The decision was explained to IOC members here by Baron Pierre-Olivier Beckers-Vieujant, the organisation's Audit Committee chair.
Beckers-Vieujant told members that the six-year appointment, which followed a selection process that kicked off in August 2018, would allow future appointment periods to be synchronised with the Olympic cycle.
For that reason, future external auditor appointments would be for a four-year term.
The IOC Session approved the move by show of hands.