EY has been fined £3.5m and given a “severe reprimand” by the Financial Reporting Council, in part for failing to meet requirements when auditing Stagecoach’s defined benefit scheme obligations. The ...
The Big Four Firm is globally embedding enterprise-scale agentic AI into its assurance engagements, meaning that audits will ...
Big Four firm EY will be prohibited from taking on new public interest clients in Germany for two years following an investigation into its audit work at collapsed payment processor Wirecard. EY was ...
Adjusting to the new AI tools won't be easy, but will be worthwhile in the long run, EY executive Marc Jeschonneck told ...
UK watchdog investigates EY's Shell audit over potential breaches Britain's Financial Reporting Council said on Monday it had opened an investigation into Ernst & Young's audit of Shell's 2024 ...