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wiffleball

Probably only Bert will care about this

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Business)Ernst & Young has been slapped with a record $100 million fine from the US government after regulators discovered that the company knew some of its auditors were cheating on exams for several years and did nothing to stop it.

The Securities and Exchange Commission said Tuesday that a "significant number" of the accounting firm's auditors cheated on the ethics portion of the Certified Public Accountant test and other courses needed to maintain the licenses. Perhaps more stunningly, the SEC said that Ernst & Young "made a submission" that it didn't have "current issues with cheating when, in fact, the firm had been informed of potential cheating on a CPA ethics exam."

 

 

The freaking buckets of money that my company is used to give these guys...

 

KPMG was hit for half this amount. And Arthur anderson? 

 

F***, when I went to school? Those three plus coopers? That was the big threat over our heads. Get anything less than a b and you're probably not going to get into one of those firms. F****** joke all of them.

 

Choke on it.

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