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The PwC accountants who handled the winners' envelopes at Sunday's show have been permanently removed from all film academy dealings.
For the last 83 years, the Academy has entrusted PwC to handle the critical tabulation process, including the accurate delivery of results.
Oscar ceremony hosts Warren Beatty and Faye Dunaway had mistakenly announced that "La La Land" won the Best Picture category instead of "Moonlight".
The gaffe occurred on Sunday night when veteran actors Warren Beatty and Faye Dunaway were given the wrong envelope.
The embarrassing mix-up saw the Oscar incorrectly given to musical La La Land before the actual winner, coming-of-age drama Moonlight, was finally handed the prize.
No Oscar night is complete without its share of funny and bizarre events, and on that front, the Oscars 2017 had it all.
The winning film tells a story of a young Cuban black man who struggles through life in a rough neighborhood of Miami.
The coming of age drama Moonlight was a shock winner for best picture after the runaway favorite La La Land had taken six prizes.
Here's the list of winners for the 89th annual Academy Awards presented by the Academy of Motion Picture Arts and Sciences.
Damien Chazelle, 32, has become the youngest winner of the Best Director honour at the Academy Awards.
It is a rather bizarre moment for the 89th Academy Awards. La La Land did not win, while Moonlight won because they read out the wrong Best Picture.
Will the 89th Academy Awards be a parade of political speeches or landslide for 'La La Land'? Probably both.
Major awards also went to tough welfare-state drama "I, Daniel Blake" and fractured-family stories "Lion" and "Manchester by the Sea."
Both ‘City of Stars’ and ‘Audition’ for the film are up for 'Best Original song' at the Academy Awards.
The dearth of blockbusters will pose a test for host Jimmy Kimmel, who'll be presiding over the Feb. 26 Oscarcast for the first time.