EY hit with new investigation by UK accounting watchdog
Financial Reporting Council to examine two individuals and the firm itself over ‘unauthorised’ auditors’ reports
Related reading
EY investigated by UK watchdog over Shell audit
Financial Reporting Council to examine firm’s adherence to independence rules in 2024 audit
EY sets aside record £188mn for fines and legal claims
Filings show Big Four firm has added to pot of cash as it battles multiple probes linked to quality of its audit work
Short rates have overshot
Plus the social media lawsuits
Wood Group under investigation by UK financial regulator
Energy engineering company probed over withholding information from auditors under FCA’s increased powers
Big accounting firms fail to track AI impact on audit quality, says regulator
Financial Reporting Council finds some auditors also lacked performance indicators for automated tools used
UK regulator pushes private credit groups to share more data
Fast-growing market comes under greater scrutiny for potential risks after series of setbacks