EY hit with £2.2m fine for Stagecoach Group audit failings
Meanwhile, the firm’s audit engagement partner, Mark Harvey was issued a financial sanction of £70,000 and a severe reprimand
The Financial Reporting Council (FRC) has imposed a financial sanction of over £2.2m against Ernst and Young (EY) in relation to the statutory audit of Stagecoach Group plc for the financial year ended 29 April 2017.