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   ethical accounting scandals

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2. corporatefinanceinstitute.com · resourcesAccounting Scandals - List of Top 10 Scandals in Past Decades

   corporatefinanceinstitute.com · resources

   

   Accounting Scandals – List and Overview. The last two decades saw some of the worst accounting scandals in history. Billions of dollars were lost as a result of the said financial disasters, which destroyed companies and ruined peoples’ lives.

3. People also ask

   How did accounting scandals affect people's lives?

   • Billions of dollars were lost as a result of the said financial disasters, which destroyed companies and ruined peoples’ lives. Many of these accounting scandals were a result of the excessive greed of a few individuals whose actions led to disastrous consequences which brought down whole companies and affected millions of people.

   Accounting Scandals - List of Top 10 Scandals in Past Decades

   corporatefinanceinstitute.com/resources/accounting/top-accounting-scandals/

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   Did Ernst & Young cheat on ethics exams?

   • Ernst & Young, one of the top accounting firms in the world, is being fined $100 million by federal regulators after admitting its employees cheated on their ethics exams. For years, the firm's auditors had cheated to pass key exams that are needed for certified public accountant licenses, the Securities and Exchange Commission found.

   Ernst & Young fined $100 million after employees cheated in exams - N…

   www.npr.org/2022/06/28/1108044858/accounting-giant-ernst-young-admits-its-employees-cheated-on-ethics-exams

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   Did Ernst & Young cheat on a CPA exam?

   • Perhaps more stunningly, the SEC said that Ernst & Young “made a submission” that it didn’t have “current issues with cheating when, in fact, the firm had been informed of potential cheating on a CPA ethics exam.” The $100 million fine is its largest ever against an auditing firm.

   Top accounting firm fined $100 million after employees cheated on ... - …

   www.cnn.com/2022/06/28/business/ernst-and-young-sec-cheating-fine/index.html

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   Why did KPMG pay a $100 million fine for cheating?

   • The fine is double the one KPMG was ordered to pay in 2019 for similar allegations of cheating. 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 cheating on exams for several years and did nothing to stop it.

   Top accounting firm fined $100 million after employees cheated on ... - …

   www.cnn.com/2022/06/28/business/ernst-and-young-sec-cheating-fine/index.html

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4. www.npr.org · 2022/06/28 · 1108044858Ernst & Young fined $100 million after employees cheated in ...

   www.npr.org · 2022/06/28 · 1108044858

   

   Jun 28, 2022 · Ernst & Young, one of the top accounting firms in the world, is being fined $100 million by federal regulators after admitting its employees cheated on their ethics exams.

5. www.nytimes.com · 2022/06/28 · businessErnst & Young to Pay $100 Million Fine After Auditors Cheated ...

   www.nytimes.com · 2022/06/28 · business

   

   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 ethics...

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7. www.sec.gov · newsroom · press-releasesSEC Charges The Kraft Heinz Company and Two Former Executives ...

   www.sec.gov · newsroom · press-releases

   

   Sep 3, 2021 · The SEC's order finds that Kraft violated the negligence-based anti-fraud, reporting, books and records, and internal accounting controls provisions of the federal securities laws.

8. www.cnn.com · 2022/06/28 · businessTop accounting firm fined $100 million after employees ... - CNN

   www.cnn.com · 2022/06/28 · business

   

   Jun 29, 2022 · 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 cheating on exams for several ...

9. www.ft.com · content · 0a586a4b-cd3c-4662-acdc-625b8EY, KPMG and the fallout of two accounting scandals

   www.ft.com · content · 0a586a4b-cd3c-4662-acdc-625b8

   

   Mar 22, 2023 · EY, KPMG and the fallout of two accounting scandals. What happens to companies that cannot secure an auditor to check their accounts? Olaf Storbeck. Add to myFT. German real estate company...

10. www.sec.gov · newsroom · press-releasesSEC.gov | Ernst & Young to Pay $100 Million Penalty for ...

    www.sec.gov · newsroom · press-releases

    

    Jun 28, 2022 · The Order finds that EY violated a Public Company Accounting Oversight Board (PCAOB) rule requiring the firm to maintain integrity in the performance of a professional service, committed acts discreditable to the accounting profession, and failed to maintain an appropriate system of quality control.