September 19, 2016 BY LeapRate Staff

SEC hits Ernst & Young with $9.3 million fine for getting too close to audit clients

Can you be too close to your clients? Apparently so. Especially if you are an auditor. The U.S. Securities and Exchange Commission (SEC) today announced that public accounting firm Ernst & Young has agreed to pay $9.3 million to settle charges that two of the firm’s audit partners got too close to their clients on…

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