Ernst & Young plans to invest $1 billion in next-generation assurance technology for its audit teams around the world to leverage as part of an overall $2.5 billion four-year commitment. Processing ...

Embedded agentic AI and modernized audit approach to power 160,000 audit engagements globally and over 10,000 engagements in the MENA region ...

Malaysia’s Vantris Energy, formerly Sapura Energy, has received a clean audit opinion from external auditor EY for the first ...

Ask almost any auditor how they learned the job, and you'll hear the same answer: repetition. Ask them how AI is reshaping the industry, and the answer is just as consistent: it's taking away ...

Due to EY non-compliance with audit partner rotation rules, Shell to update 2023 and 2024 Form 20-Fs; financial statements remain unchanged London, July 2, 2025 – Ernst & Young LLP ("EY") has advised ...

FRC opens new probe into EY and two unnamed members A draft report by the accountancy regulator to the High Court has concluded that EY’s audit of collapsed NMC “was deficient in multiple respects” ...

The Ernst & Young global network’s member firm in Indonesia has agreed to pay a $1 million penalty to the Public Company Accounting Oversight Board for audit failure, noncooperation, and violations of ...

FRC opens new probe into EY and two unnamed members The watchdog has fined Big Four giant EY £6.5m for its audit of the collapsed airline Thomas Cook. The Financial Reporting Council (FRC) imposed ...

Ernst & Young said it is cutting ties with many U.S. public companies as audit clients, a move to revamp its audit practice and improve the quality of its work. Ernst & Young said it is cutting ties ...

EY, the big four accountancy firm, has warned some of Britain's biggest companies that they will be charged more to audit their books as the profession contends with intense scrutiny from politicians ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. EY’s radical plan to break itself up risks stripping its audit business of the expertise needed to vet the ...