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EY admits that, over various many years, a substantial quantity of EY audit experts cheated to the ethics component of CPA exams and various continuing Qualified training courses required to maintain CPA licenses, which include ones intended to make certain accountants can adequately Consider no matter whether clientele’ monetary statements comply with Commonly Acknowledged Accounting Rules.
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Grewal, Director of the SEC’s Enforcement Division. “And it’s Similarly shocking that Ernst & Younger hindered our investigation of the misconduct. This motion ought to serve as a transparent information the SEC will not tolerate integrity failures by independent auditors who choose the simpler Mistaken around the harder proper.”
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