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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 28, 2022 · June 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...
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 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...
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- CBS News
Jun 28, 2022 · The fine is the largest penalty ever imposed by the SEC on an audit firm. The CPA, or certified public accountant, licenses are needed by auditors to evaluate the financial statements of...
Jun 28, 2022 · The fine is the highest ever imposed by the US Securities and Exchange Commission on an auditor, twice the penalty paid by KPMG in 2019 for exam cheating and illegal tip-offs.
