Search Results for: Ernst & Young
UHY Hacker Young appoints former senior manager at EY
November 18th, 2016
UHY Hacker Young has issued an announcement to inform that Max Paterson, former senior manager at EY, has joined its office as a partner in the audit department. Max has over 16 years’ experience in the accountancy profession, the last 12 ...
Japan regulator seeks punishment of Ernst-affiliate over Toshiba audit
December 15th, 2015
A Japanese regulatory board recommended punishing an Ernst & Young affiliate after its audit of Toshiba Corp failed to spot Japan’s worst accounting scandal in four years. The Certified Public Accountants and Auditing Oversight Board, a regulatory panel within Japan’s ...
E&Y Japan has launched an in-house investigation into its audit in relation of Toshiba Corp accounting scandal
August 3rd, 2015
The Japanese affiliate of Ernst & Young LLC has launched an in-house investigation into its audit of Toshiba Corp in the wake of the electronics maker’s $1.2 billion accounting scandal, a person with knowledge of the matter said. Ernst ...
EY acquires new cryptocurrency technology
July 25th, 2018
Ernst & Young (EY) has acquired technology assets and related patents from Elevated Consciousness Inc, a San Francisco, CA-based startup focused on developing solutions for the crypto-asset ecosystem. The Crypto-Asset Accounting and Tax (“CAAT”) tool connects with multiple cryptocurrency ...
The Big Four accountancy firms in UK face the threat of a break-up
March 23rd, 2018
The Big Four accountancy firms in UK could be broken up following a wave of scandals at companies they audit that has sparked a ‘crisis of confidence’ in the industry. Deloitte, Ernst & Young, KPMG and Pricewaterhousecoopers are the ...
Sanctions against senior auditor and EY
October 17th, 2017
Ernst & Young LLP (EY) and Julian Gray, Senior Statutory Auditor and Audit Engagement Partner, have been fined and reprimanded after admitting Misconduct in relation to the audit of the financial statements of Tech Data Limited (formerly known as ...
ABB to propose KPMG as external auditor from 2018
May 22nd, 2017
ABB announced today that its Board intends to appoint KPMG as its external auditor effective for the financial year 2018. This decision was taken following a year-long comprehensive external auditor tender process initiated in 2016 in line with international good governance practices. The proposal is subject to shareholder approval at ABB’s 2018 Annual General Meeting. Ernst & ...
Toshiba Is Replacing Its Auditor PwC Over Irreconcilable Differences
April 26th, 2017
Toshiba Corp (TOSBF, +1.24%) has decided to replace its auditor after less than a year as the troubled electronics conglomerate struggles to win its approval on full-year financial statement, the Nikkei business daily reported. Earlier this month, the company ...
Accounting firms employ robots in their offices
April 20th, 2017
Robotic software sweeping large accounting firms and clients While it doesn’t shoot lasers or clean her Minneapolis office Roomba-style, her “bot” can do some of her digital data dirty work so she doesn’t have to. “I don’t want to ...
Moscow Exchange has successfully undergone an annual assurance review
March 27th, 2017
Moscow Exchange announced that it has successfully undergone an annual assurance review of compliance of the MOEX indices with the IOSCO Principles for Financial Benchmarks. Ernst & Young that had been engaged to complete the review affirmed that index ...
