Friendship, romance leads to $12.3m fine for EY in US

US regulators have fined professional services firm EY $US9.3 million ($12.3 million) for failures including an auditor’s romantic involvement with a client, the first time an enforcement action has been taken in relation to big companies and their outside auditors.Read the full story at the Australian Financial Review.

US regulators have fined professional services firm EY $US9.3 million ($12.3 million) for failures including an auditor’s romantic involvement with a client, the first time an enforcement action has been taken in relation to big companies and their outside auditors.Read the full story at the Australian Financial Review.

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