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Jun 28, 2022 · Press Release. Ernst & Young to Pay $100 Million Penalty for Employees Cheating on CPA Ethics Exams and Misleading Investigation. Largest Penalty Ever Imposed by SEC Against an Audit Firm. FOR IMMEDIATE RELEASE. 2022-114. Washington D.C., June 28, 2022 —
Jun 29, 2022 · New York CNN Business — Ernst & Young has been slapped with a record $100 million fine from the US government after regulators discovered that the company knew some of its auditors were...
Jun 28, 2022 · The penalty, announced Tuesday, is the largest ever imposed by the Securities and Exchange Commission against a firm in the auditing business, which occupies a unique ethical perch in the...
Jun 28, 2022 · EY agreed to pay a $100 million penalty after the SEC found that 49 employees sent or received answer keys to a Chartered Public Accountant (CPA) ethics exam between 2017 and 2021.
Jun 28, 2022 · The SEC has fined EY $100 million — the largest penalty ever for an accounting firm — the agency announced on Tuesday. Beyond breaking accounting rules, the company "hindered" the agency's probe...
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Dec 10, 2021 · December 10, 2021 - The Securities and Exchange Commission today charged three professionals from public accounting firm Ernst & Young LLP (EY) with violations of the rules that ensure firms maintain their independence during audits.
Jun 28, 2022 · Raymond Boyd/Getty Images. Big Four accounting firm Ernst & Young will pay $100 million to settle U.S. Securities and Exchange Commission (SEC) charges that its auditors cheated on certified...
