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Accounting Firms

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.

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