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The Financial Reporting Council found EY "demonstrated a complete lack of professional skepticism" and failed "to be alert to conditions that may have indicated possible fraud."
May 20 -
EY continued to audit NMC Health Plc despite suspicions that management withheld key documents that revealed its true debt position.
May 19 -
Plus, EY announces Integrated Finance Managed Service; Ignition debuts AutoCollect solution; and other accounting tech news and updates.
May 9 -
PICPA installs new president; PCAOB appoints acting chief economist; and more news from across the profession.
May 9 -
NJCPA awards $190K in scholarships; Iowa Society of CPAs names next CEO; and more news from across the profession.
April 25 -
Carr, Riggs & Ingram appoints CFO and chief legal officer; TSCPA hosts accounting bootcamp; and more news from across the profession.
April 18 -
Big Four firm EY announced a collection of new AI solutions to enhance the work of its assurance professionals, as part of its $1 billion investment in AI.
April 9 -
The 10 firms with the most public company audit clients accounted for 65% of the total market, down from 70% in 2023.
April 3 -
The Public Company Accounting Oversight Board's inspection staff found noticeable improvements in the deficiency rates of the six largest global auditing firms.
March 31 -
By helping accountants to predict results and make informed, proactive decisions, the rise of predictive analytics improves traditional accounting tasks.
March 25Shenandoah University School of Business