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Ernst & Young

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  • Monday, 16 May, 2022
    EY accused of basic failings in $2.7bn claim over NMC collapse

    Abu Dhabi hospital group’s administrator alleges litany of errors at Big Four auditor

  • Friday, 29 April, 2022
    EY faces $2.5bn lawsuit over NMC Health audits

    Hospital group collapsed in 2020 after revealing more than $4bn in previously undisclosed debt

  • Friday, 29 April, 2022
    The Top LineTom Braithwaite
    Less work for EY auditors? What about more accountability

    The Big Four firm’s German branch has a dubious recipe to avoid a repeat of Wirecard

  • Thursday, 28 April, 2022
    Wirecard AG
    EY Germany to cut staff workloads in post-Wirecard overhaul

    Big Four firm promises to address ‘permanent occupational stress and overburdening’ of its auditors

  • Sunday, 3 April, 2022
    EY revives the big-budget corporate shindig with Florida theme park trip

    Companies had scaled back lavish galas amid pandemic restrictions and climate commitments

  • Monday, 7 March, 2022
    Accounting & Consulting services
    EY and Deloitte exit Russian operations over Ukraine invasion

    Big Four groups axe businesses after PwC and KPMG announce similar moves

  • Monday, 22 November, 2021
    EY files criminal complaint over leaking of classified Wirecard report

    Firm pursues unknown sources who gave secret review on audit shortcomings to Handelsblatt

  • Wednesday, 17 November, 2021
    EY faces staff backlash over handling of sexual harassment case

    Former partner had been allowed to keep job after behaving in ‘obscene and aggressive’ manner on work trip

  • Tuesday, 16 November, 2021
    Accountancy
    UK accounting watchdog tells Big Four to run businesses better

    FRC set to launch first guide for accountants on how to carry out a good audit

  • Tuesday, 2 November, 2021
    Lex
    EY: partners’ payday sets a high-water mark for successors Premium content

    Corporate push to go digital is likely to keep consultancy tills ringing but there are pressure points elsewhere

  • Tuesday, 2 November, 2021
    EY’s UK partners handed record pay as deals boom

    Average share of profits hits £749,000 as fee income rises and travel costs drop

  • Wednesday, 27 October, 2021
    Due Diligence
    How EY missed signs of a ‘fraud in the billions’ Premium content

    Plus Sequoia creates a new a semi-permanent fund to keep investing in companies it helped go public, and DraftKings walks away from Entain bid

  • Monday, 25 October, 2021
    FT InvestigationsInside Wirecard
    EY and Wirecard: anatomy of a flawed audit

    First-hand testimony paints a picture of missed opportunities to uncover the fraud and a failure to understand a company EY audited for a decade

  • Friday, 22 October, 2021
    Moral Money
    Why EY’s ‘carbon-negative’ claim needs scrutiny

    Plus, Washington reports new risks from climate change

  • Monday, 13 September, 2021
    Professional services
    International advisers team up to capitalise on M&A boom

    Alliance hopes to help smaller firms compete with the big accounting and consultancy practices

  • Wednesday, 8 September, 2021
    EY to spend $2bn on improving audit quality after scandals

    Funding part of $10bn plan including training and fraud detection initiatives

  • Monday, 6 September, 2021
    News in-depth
    EY under scrutiny after second-largest bankruptcy in Swiss history

    Zeromax bought jewellery and made irregular offshore transfers while the Big Four firm gave it clean audits

  • Wednesday, 25 August, 2021
    LexAccountancy
    EY/audit quality: number-crunchers need to sharpen up Premium content

    A questioning mindset is key to auditing, yet lack of professional scepticism is a recurring criticism

  • Wednesday, 25 August, 2021
    EY fined more than £2m over Stagecoach audit failings

    Big Four firm and former partner receive severe reprimands from UK accounting watchdog

  • Monday, 16 August, 2021
    Accountancy
    Big Four refuse to back sharing audits with smaller rivals

    Ministers want to break dominance of largest accountancy firms and increase competition

  • Thursday, 12 August, 2021
    Wirecard AG
    German MPs fail in push to publish full report on EY’s Wirecard audits

    Country’s highest court has rejected an attempt to force the publication of an unredacted report

  • Monday, 2 August, 2021
    Ernst & Young to pay $10m to settle SEC charges

    Big Four accounting firm and three partners accused by regulator of audit independence misconduct

  • Monday, 5 July, 2021
    Accounting & Consulting services
    EY announces creation of independent auditor pay committee

    Introduction of the audit board ‘a significant milestone’ in ringfencing UK audit practice

  • Monday, 21 June, 2021
    Wirecard AG
    Deutsche Bank executive seeks injunction over Wirecard report

    Former EY auditor Andreas Loetscher says he should not be named in German parliamentary report

  • Monday, 14 June, 2021
    Financial & markets regulation
    UK’s planned audit market shake-up likely to fail, warns ex-FRC head

    Paul Boyle says industry lobbying has deflected attention from dominance of Big Four firms

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