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   Why was Ernst & Young fined $100 million?

   • Ernst & Young, one of the "big four" accounting firms, was fined $100 million by the SEC. 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.

   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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   Why did EY pay a $100 million penalty?

   • EY admits the facts underlying the SEC’s charges and agrees to pay a $100 million penalty and undertake extensive remedial measures to fix the firm’s ethical issues. “This action involves breaches of trust by gatekeepers within the gatekeeper entrusted to audit many of our Nation’s public companies.

   SEC.gov | Ernst & Young to Pay $100 Million Penalty for Employees

   www.sec.gov/news/press-release/2022-114

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   Why did Ernst & Young pay $100 million?

   • Accounting giant Ernst & Young will pay $100 million to settle charges with the Securities and Exchange Commission that hundreds of its employees cheated on the ethics components of the Certified Public Accountant examination and continuing education courses and for withholding information about the misconduct to regulators.

   SEC fines Ernst & Young $100 million for employees cheating on CPA

   www.marketwatch.com/story/sec-fines-ernst-young-100-million-for-employees-cheating-on-cpa-ethics-exams-11656410638

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   Did Ernst & Young cheat on exams?

   • Link Copied! 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 CPA

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

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2. www.sec.gov › news › press-releaseSEC.gov | Ernst & Young to Pay $100 Million Penalty for ...

   www.sec.gov › news › press-release

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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 —

3. www.nytimes.com › ernst-young-sec-cheatingErnst & Young to Pay $100 Million Fine After Auditors Cheated ...

   www.nytimes.com › ernst-young-sec-cheating

   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...

4. www.cnn.com › 2022/06/28 › businessErnst & Young fined $100 million after employees cheated on ...

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

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   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 ...

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     Accounting giant Ernst & Young admits its employees cheated on ethics

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6. www.cbsnews.com › news › sec-fines-ernst-young-100Ernst & Young hit with $100 million fine after auditors cheat ...

   www.cbsnews.com › news › sec-fines-ernst-young-100

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   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...

   • Occupation: Reporter

   • Works For: CBS News

7. www.npr.org › 2022/06/28 › 1108044858Ernst & Young fined $100 million after employees ... - NPR

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

   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...

8. www.marketwatch.com › story › sec-fines-ernst-youngSEC fines Ernst & Young $100 million for employees cheating ...

   www.marketwatch.com › story › sec-fines-ernst-young

   Jun 28, 2022 · The $100 million fine is twice that levied against competitor KPMG back in 2019 for similar violations, and the severity of the fine against Ernst & Young is due in part to its obstruction...