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Jun 28, 2022 · FOR IMMEDIATE RELEASE. 2022-114. Washington D.C., June 28, 2022 —. The Securities and Exchange Commission today charged Ernst & Young LLP (EY) for cheating by its audit professionals on exams required to obtain and maintain Certified Public Accountant (CPA) licenses, and for withholding evidence of this misconduct from the SEC’s Enforcement ...
Jun 28, 2022 · When Voluntary Means Mandatory and Forever: Statement on In the Matter of Ernst & Young LLP June 28, 2022 Commissioner Hester M. Peirce.
Jun 28, 2022 · Ernst & Young, one of the world’s largest auditing firms, has agreed to pay a $100 million fine after U.S. securities regulators found that hundreds of its auditors had cheated on various...
Aug 2, 2021 · The SEC's order against the auditors finds that EY, Herring, Young, and Fochtmann violated the auditor independence provisions of the federal securities laws and that EY, Herring, and Young caused the Issuer to violate its obligation to have its financial statements audited by independent public accountants.
Jun 28, 2022 · Big Four auditing firm EY has agreed to a record $100mn settlement with the US securities regulator to resolve claims that dozens of its employees cheated on an ethics exam and that it misled...
- Stefania Palma
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...
Jun 28, 2022 · 1:13. Ernst & Young agreed to pay $100 million to the Securities and Exchange Commission and admit that some of its auditors cheated on the ethics portion of the exam required to become a...
