The UK watchdog, the Financial Reporting Council, slapped the fine on the company while one of its partners Richard Wilson, who was in charge of the 2017 and 2018 audits, was fined 105,000 pounds.

EY has been fined £4.9million over its botched audits of Thomas Cook before the travel agent collapsed six years ago. The Financial Reporting Council (FRC) identified failings related to the big ...

The UK’s accounting watchdog is reviewing the quality of Ernst & Young’s goodwill and going concern testing after fining the firm close to £4.9 million ($6.3 million) Thursday for its audits of ...

The Financial Reporting Council (FRC) said the failings in 2018 were “particularly serious” given Thomas Cook’s precarious financial position at the time. The historic travel agent collapsed ...

EY has been fined nearly £5 million for breaching auditing standards when it checked the accounts of Thomas Cook before the high street travel agent collapsed in 2019. The Financial Reporting ...

The UK accounting regulator has fined Big Four firm EY nearly £4.9 million (€5.7 million) for “serious breaches of standards” in its audits of failed travel company Thomas Cook, wrapping up ...

The UK accounting regulator has fined EY £4.9mn for “serious breaches of standards” in its audits of failed travel company Thomas Cook, wrapping up an almost six-year investigation.

EY has been fined nearly £5 million for breaching auditing standards when it checked the accounts of Thomas Cook before the high street travel agent collapsed in 2019. The Financial Reporting Council ...

EY and Wilson cooperated with the executive counsel's investigation and admitted serious standards breaches in the audit of Thomas Cook (Photo by Jack Taylor/Getty Images) The watchdog has fined Big ...

The historic travel agent collapsed in 2019, resulting in 9,000 job losses. EY has been fined nearly £5 million for breaching auditing standards when it checked the accounts of Thomas Cook ...