Ernst & Young to Pay $100 Million Fine After Auditors Cheated on Ethics Exams - The New York Times
said the cheating involved hundreds of the firm’s auditors from 2017 to 2021.
securities regulators found that some of its auditors had cheated on ethics exams — and that the firm did not do enough to stop the practice.
“It’s simply outrageous that the very professionals responsible for catching cheating by clients cheated on ethics exams of all things,” said Gurbir S.The ethics exams that Ernst auditors cheated on were part of a continuing education program offered by most states for accountants to keep their professional licenses, according to the commission.Regulators said this was not the first time that there had been widespread cheating on ethics exams by Ernst employees.