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   Why did Ernst & Young pay a $100 million fine?

   • Jack Taylor/Getty Images 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 exams they were required to obtain or maintain professional licenses — and that the firm did not do enough to stop the practice.

   Ernst & Young to Pay $100 Million Fine After Auditors Cheated on Ethics

   www.nytimes.com/2022/06/28/business/ernst-young-sec-cheating.html

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   Did Ernst & Young LLP violate audit rules?

   • 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.

   SEC Charges Three Ernst & Young Professionals with Violating Auditor

   www.sec.gov/enforce/34-93749-s

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   Did Ernst & Young cheat on CPA exams?

   • 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 Division during the Division’s investigation of the matter.

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

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

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   Did Ernst & Young 'cheat' in the KPMG case?

   • According to the SEC order, 91 EY employees requested, used or shared answers with colleagues after the US chair and managing partner sent a note to US staff in 2019 warning against cheating in light of the KPMG case. It is “shocking that Ernst & Young hindered our investigation of this misconduct,” Grewal said.

   EY agrees record $100mn US settlement over ethics exam cheating

   www.ft.com/content/2fd2a584-3e20-466b-98d7-d26a750aeb90

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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 · 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 ...

   • SEC.gov | SEC Charges Ernst & Young, Three Audit Partners ...

     2021-144. Washington D.C., Aug. 2, 2021 —. The Securities...

   • SEC.gov | SEC Charges Three Ernst & Young Professionals with ...

     December 10, 2021 - The Securities and Exchange Commission...

3. www.sec.gov › news › press-releaseSEC.gov | SEC Charges Ernst & Young, Three Audit Partners ...

   www.sec.gov › news › press-release

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   Aug 2, 2021 · 2021-144. Washington D.C., Aug. 2, 2021 —. The Securities and Exchange Commission today charged accounting firm Ernst & Young LLP (EY), one of its partners, and two of its former partners with improper professional conduct for violating auditor independence rules in connection with EY's pursuit to serve as the independent auditor for a public ...

4. 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...

5. www.sec.gov › enforce › 34-93749-sSEC.gov | SEC Charges Three Ernst & Young Professionals with ...

   www.sec.gov › enforce › 34-93749-s

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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. The SEC also charged an accountant at EY's audit client with violations of the reporting provisions of the ...

6. www.ft.com › content › 2fd2a584-3e20-466b-98d7-d26aEY agrees record $100mn US settlement over ethics exam cheating

   www.ft.com › content › 2fd2a584-3e20-466b-98d7-d26a

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   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...

   • Author: Stefania Palma

7. www.wsj.com › articles › ey-paying-100-million-toErnst & Young Fined $100 Million in Ethics Exam-Cheating ...

   www.wsj.com › articles › ey-paying-100-million-to

   Jun 28, 2022 · WASHINGTON—Ernst & Young agreed to pay a record $100 million fine and to admit that some of its auditors cheated on required ethics exams in recent years, according to a settlement order...

8. www.cnbc.com › 2022/06/28 › ey-to-pay-100-million-toEY to pay $100 million to settle U.S. charges of staff ... - CNBC

   www.cnbc.com › 2022/06/28 › ey-to-pay-100-million-to

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   Jun 28, 2022 · Published Tue, Jun 28 20228:03 AM EDT. Key Points. Ernst & Young will pay $100 million to settle Securities and Exchange Commission charges that its auditors cheated on certified public...