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EY to pay $100mn to settle US charges of staff cheating on accountant exams

The London-based auditor admitted to the charges and agreed to pay what the SEC said is its largest fine against an auditor

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ernst & young | cheating

Reuters  |  Washington 



EY
(Photo: Bloomberg)

Big Four accounting firm will pay $100 million to settle U.S. Securities and Exchange Commission (SEC) charges that its auditors cheated on certified public accounting (CPA) exams and that it misled the agency's investigators.

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First Published: Tue, June 28 2022. 20:16 IST

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