Search Results for: Ernst & Young
EY launches fintech secondment programme for startups
February 4th, 2016
EY and Innovate Finance – the world’s largest membership association for FinTech, today announced the launch of a FinTech secondment programme. As the only Big Four member of Innovate Finance, EY will second members of staff into Innovate Finance ...
Toshiba replaced EY with a new auditor
January 28th, 2016
Toshiba picks PwC as auditor after accounting scandal Toshiba Corp said on Wednesday it had chosen PricewaterhouseCoopers Aarata as its auditor from the business year starting April 1, replacing Ernst & Young’s local affiliate after a debilitating accounting scandal ...
‘Big Four’ audit firms never examined over illegal tax plans
January 18th, 2016
Regulators fail to act as they are dominated by the companies they are supposed to police, say critics Audit and accountancy firms who devise tax-avoidance schemes ruled unlawful have never faced official reprimand, The Independent can reveal. None of the so-called ...
EY awards US$1m to winners of its global Better begins with you recognition program
January 5th, 2016
EY has awarded US$1m to the winners of its new global recognition program,Better begins with you, which recognizes EY people who have found inspiring and impactful ways to bring EY’s purpose – building a better working world – to ...
EY’s Japanese arm fined £11.6m by regulator over Toshiba failings
December 23rd, 2015
Japan’s financial regulator has fined EY’s Japanese affiliate ¥2.1bn (£11.6m) over the firm’s failure to identify accounting irregularities at Toshiba which meant the electronics giant overstated profits by some £780m over at least six years – The fine is ...
Audit Regulator Finds 28 Deficient Audits By KPMG in Annual Report
November 11th, 2015
PCAOB says Big Four firm’s deficiency rate of 54% is up from 46% a year ago Audit regulators found 28 deficient audits at KPMG LLP in its latest annual inspection of the Big Four accounting firm, an increase from ...
EY and LinkedIn enter into alliance to help accelerate growth in the business-to-business market
October 30th, 2015
Exclusive alliance will expand service offerings and bring cutting-edge social selling technology and data analytics to market on a global scale EY and LinkedIn (NYSE:LNKD) today announce a new strategic alliance to jointly offer services to help more companies ...
Institutional investor attitudes shifting as environmental and social risks impact investment decisions
October 22nd, 2015
Institutional investors say businesses need to provide them with non-financial information that outlines visible, measurable risks to the company’s performance or risk losing their potential investment. The finding comes from the 2015 annual survey by EY’s Climate Change and ...
Foreign Investors Complain About Russia’s Unpredictable Laws
October 21st, 2015
Unpredictable lawmaking is undermining Russia‘s ability to attract foreign investors, the Foreign Investment Advisory Council (FIAC) — a group of the biggest foreign companies working in Russia — told Prime Minister Dmitry Medvedev on Monday. A report by financial services ...
ETF industry expects nearly 18% growth per year over next three to five years
October 20th, 2015
90% of ETF providers expect positive net new business in next 18 months 27% expect cumulative annual growth rate of more than 25% over next three to five years US continues to lead ETF market, though Europe and Asia ...
