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Bye EY 🫣 nice knowing you
Lmao at a baker tilly person saying bye EY 😂 also the fine is for cpe credit, not the cpa exam
Cheated, after hearing this and seeing paltry raises?
Public accounting firms get hit with fines for various reasons all the time no big deal.
Wow--cheating on the Ethics exam...sad
“Me still get raise right?”
You get a 0% raise. Keep up the good work!
I’m feeling like this SEC is committed to aggressively regulating public accounting firms. Also $100m…ouch.
I mean I’m not faulting them for doing their job, though $100M seems a bit excessive
Kind of crazy. I thought it was a not so secret industry secret that people cheat on that ethics exam. The test practically tells you to cheat by having the exact same questions in the exact same order every year.
That actually makes a lot of sense lol. Right of passage is a fat, yet small fine every year. 😂
Bye bye PBB
This is just another common fine, everyone on here is just blowing it up cuz we got nothin else to do lol
I’m not sure. From what I’m reading it was a lot of cpe exams and the ethics one. That’s what I was also curious about hence my original post
Looks like EY just uploaded a ton of jobs to be hired for in the past 24 hours. 👍
yeah I literally just got a recruiter email an hour after the sec press release
News is whatever you want it be, depends on where you look. Reuters, November 18, 2021: The U.S. Securities and Exchange Commission (SEC) on Thursday said it assessed $3.9 billion in fines related to enforcement actions in fiscal 2021, down from a record $4.7 billion in 2020, even as standalone actions increased.