What is the auditor's fault when a company goes bust? The industry giant Ernst & Young (EY), which also had Wirecard as a client, has now been convicted by the British supervisory authority for ...

Once more, half of the Big Four have been in the professional press headlines in recent weeks as a result of receiving multi-million-pound fines for screwing up audits. Repeatedly, by admitting their ...

The Institute of Chartered Accountants of India is set to implement a new accounting standard requiring companies to classify ...

EY, as the statutory auditor for the Post Office during the period in question, has been tasked with reviewing the financial statements of the organization. The FRC's investigation will assess whether ...

The FRC's investigation will focus on whether EY met auditing standards during its audits of the Post Office between 2015 and 2018. This period was chosen to ensure the investigation remains timely ...

FRC opens investigation into EY’s audits of the Post Office from 2015–18, citing public interest in Horizon scandal and audit oversight gaps.

The Financial Reporting Council watchdog is examining the standard of audits relating to the IT system from March 2015 to ...

The EY accounting firm is under investigation over how it audited the British Post Office nearly a decade ago.

The accounting regulator has launched an investigation into EY's historic auditing of the Post Office at the time of the ...

The UK regulator is investigating EY’s auditing of the national postal service as it relates to the high-profile Horizon ...

EY is being investigated over its audits of the Post Office in relation to the Horizon scandal from March 2015 to March 2018.

Financial experts pointed out that duplicated roles within government, wastage of resources, and inefficiencies are major areas that need to be considered to reduce government expenditure.