(Sandy Cohen’s and Anthony McCartnery’s article appeared on ABC News 2/27; via Pam Green; photo ABC News.)

The accounting firm responsible for the integrity of the Academy Awards said Monday that its staffers did not move quickly enough to correct the biggest error in Oscars history — the mistaken announcement of the best picture winner.

PwC, formerly Price Waterhouse Coopers, wrote in a statement that several mistakes were made and two of its partners assigned to the prestigious awards show did not act quickly enough when “La La Land” was mistakenly announced as the best picture winner. Three of the film’s producers spoke before the actual winner, the coming-of-age drama “Moonlight,” was announced.

“PwC takes full responsibility for the series of mistakes and breaches of established protocols during last night’s Oscars,” PwC wrote. It said its partner, Brian Cullinan, mistakenly handed presenters Warren Beatty and Faye Dunaway an envelope containing the winner of the best actress award.

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