The Evergrande and PwC story is easy to dismiss as a problem involving a very large Chinese property developer and an international audit network. That would miss the practical lesson. The same pressures that appear in large corporate failures can also exist in a growing Ugandan company: demanding sales targets, debt-funded expansion, weak documentation, dominant founders, restricted access to information, management-selected evidence and accountants who feel unable to challenge senior leaders. The central lesson is straightforward. An external audit is important, but it is not a substitute for honest accounting, reliable transaction evidence, effective internal controls, informed directors and professional judgement. A clean audit opinion cannot make an incomplete project complete, turn a deposit into earned revenue or convert an unsupported journal entry into a genuine business transaction. This article explains what regulators have already established, what remains unresolved in c...