By Neil Roland ( October 17, 2022, 21:33 GMT | Insight) -- Ernst & Young, a Big Four accounting firm, lacks “reasonable assurance” that its partners and managers are complying with the firm’s own independence-related procedures, a US watchdog said today. The Public Company Accounting Oversight Board said it released an additional portion of a 2020 inspection report because the New York-based firm failed, for a year after the report’s completion, to adequately address quality-control issues in the document.Ernst & Young, a Big Four accounting firm, lacks “reasonable assurance” that its partners and managers are complying with the firm’s own independence-related procedures, a US watchdog said today....
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