By Kyle Brasseur2023-01-19T15:10:00
The U.K. Financial Reporting Council (FRC) launched an investigation into Big Four audit firm EY’s work at Stirling Water Seafield Finance.
The probe, announced Jan. 13, is focused on EY’s audit of the financial statements of Stirling for the year ended December 2019. The investigation does not relate to any individuals at this time.
The FRC offered no further details on the specifics of its probe.
2023-04-20T15:32:00Z By Kyle Brasseur
The U.K. Financial Reporting Council announced the launch of two separate investigations regarding audits performed by Big Four firm EY, including a probe into the 2021 financials of collapsed online furniture retailer Made.com.
2023-03-08T17:17:00Z By Aaron Nicodemus
The U.K. Financial Reporting Council fined Big Four firm PwC more than £5.6 million (U.S. $6.6 million) for failing to challenge management, obtain sufficient evidence, and follow basic requirements while conducting audits of a British defense contractor and its subsidiary.
2023-02-16T15:14:00Z By Kyle Brasseur
The U.K. Financial Reporting Council launched an investigation into Big Four firm PwC’s audit work at collapsed real estate investment trust Intu Properties.
2025-08-21T18:58:00Z By Oscar Gonzalez
The Federal Trade Commission filed a complaint against LA Fitness’ parent companies, citing difficulties canceling memberships, a month after a court blocked the agency’s click-to-cancel rule.
2025-08-20T21:22:00Z By Adrianne Appel
CVS’s Caremark division knowingly overcharged Medicare for prescription drugs and must pay nearly $290 million, a Pennsylvania federal judge has ordered.
2025-08-18T14:12:00Z By Oscar Gonzalez
The owner of a water machine vending company and a portfolio manager were allegedly behind a Ponzi-like scheme that raised more than $275 million, according to the U.S. Securities and Exchange Commission.
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