Chapter 3 Communication Ethics
Ernst & Young, one of the world’s largest auditing firms, has agreed to pay a $100 million fine after U. S. Securities regulators found that hundreds of EY auditors had cheated on various ethics exams that are required for accountants to obtain or maintain professional licenses – and that the firm did not do enough to stop the practice.
The penalty, announced [in June 2022], is the largest ever imposed by the Securities and Exchange Commission against a firm in the auditing business, which occupies a unique ethical perch in the financial world. These firms are in change of verifying the accuracy of companies’ financial statements and issuing warnings to investors if they identify ...
Get Management Communication, 7th Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
