EY being investigated over Post Office auditing during Horizon scandal
Financial Reporting Council looking into whether the firm met its standards regarding the Horizon IT systemEY, one of the “Big Four” accounting firms, is being investigated over how it audited the accounts of the Post Office, as the postal branch network wrestled with the Horizon software scandal that resulted in hundreds of post office operators being wrongly convicted.The UK’s accounting regulator, the Financial Reporting Council (FRC), said it had begun an investigation into whether the firm met its standards “with particular reference to matters related to the Horizon IT system”. Continue reading...
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Financial Reporting Council looking into whether the firm met its standards regarding the Horizon IT system
EY, one of the “Big Four” accounting firms, is being investigated over how it audited the accounts of the Post Office, as the postal branch network wrestled with the Horizon software scandal that resulted in hundreds of post office operators being wrongly convicted.
The UK’s accounting regulator, the Financial Reporting Council (FRC), said it had begun an investigation into whether the firm met its standards “with particular reference to matters related to the Horizon IT system”. Continue reading...
