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EY Penalized $100M via SEC’s Exam Cheating Case

July 8, 2022 by Louis Chunovic

EY Penalized $100M via SEC’s Exam Cheating Case

The Securities and Exchange Commission has charged auditor Ernst & Young LLP with “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.” Ernst & Young (EY) “admits the… Read More >>

Filed Under: General Interest, Governance, Diversity, Equity, and Inclusion (DEI), Back-Office, Standards, AML/Fraud/Financial Crime, Regulation & Compliance, Regulatory Compliance, Regulatory Reporting, Industry News Tagged With: auditors, back office, Ernst & Young, Public Company Accounting Oversight Board (PCAOB), regulation, regulatory reporting, SEC, Securities Operations, wall street

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