E&Y to Pay $11.8M in Energy Case

E&YErnst & Young will pay more than $11.8 million to settle charges that one partner and a former partner ignored red flags in audits of an oil services company. The Securities and Exchange Commission says Craig Fronckiewicz, the partner who coordinated the audits, and former tax partner, Sarah Adams, who was part of the audit engagement team, missed the use of deceptive income tax accounting to inflate Weatherford International's earnings.

Read more...

Visit other PMG Sites:

Template Settings

Color

For each color, the params below will give default values
Tomato Green Blue Cyan Dark_Red Dark_Blue

Body

Background Color
Text Color

Header

Background Color

Footer

Select menu
Google Font
Body Font-size
Body Font-family
Direction
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.