See every side of every news story
Published loading...Updated

Post Office auditor EY under investigation by accounting regulator FRC

  • The UK's Financial Reporting Council launched an investigation into EY's audits of the Post Office.
  • The audits, conducted between 2015 and 2018, occurred during the Horizon IT scandal, leading to wrongful convictions.
  • The probe will assess EY's compliance with auditing standards related to the discredited Horizon system, developed by Fujitsu.
  • EY reportedly warned the Post Office in 2011 that Horizon posed 'a real risk' and questioned data accuracy.
  • The FRC investigation follows other sanctions against EY and highlights the importance of auditor independence and quality control.
Insights by Ground AI
Does this summary seem wrong?

17 Articles

All
Left
1
Center
6
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 86% of the sources are Center
86% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

International Accounting Bulletin broke the news in on Tuesday, April 15, 2025.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.