Basic Search  |  Summaries  |  Advanced Search

Violation Tracker UK Individual Case

Company: Ernst & Young LLP
Current Parent CompanyErnst & Young
Parent at the Time of the Penalty Announcement: Ernst & Young
Company City/Town: London
Company Nation/Region: England
Penalty: £345,000
Year: 2015
Date: 8 June, 2015
Offence Group: financial offences
Offence Type: accounting fraud or deficiencies
Violation Description: With the agreement of Ernst & Young LLP of 1 More London Place, London, SE1 2AF, the Investigation Committee made an order that the firm be severely reprimanded, fined £250,000 and pay costs of £95,000 with respect to a complaint that it failed to identify or evaluate threats to its compliance to the Code of Ethics leading to acceptance of an inappropriate engagement.
Action Type: agency action
Settlement Type: Consent Order
Agency: Institute of Chartered Accountants in England and Wales
HQ Country of Parent: United Kingdom
Ownership Structure of Parent: privately held
Major Industry of Parent: business services
Specific Industry of Parent: accounting services
Source of Data(click here)