In case you’ve been in a 24 hour coma and missed the news, we heard yesterday of an EY cheating scandal that led to the SEC slapping them with a $100 million penalty, the largest ever imposed by the SEC on an audit firm.
Well Reddit certainly didn’t miss the story. Good luck to any incoming interns/first years trying to get serious answers to their career questions for the foreseeable future. It was bad enough they already had the waffle and pancake jokes to deal with. Saw this last night:
The question itself is normal and gets posted to r/Big4 and r/accounting on the daily. Reddit being Reddit however, they took this as an opportunity to share some newly-acquired wisdom.
Oof. Our advice to EY new hires: maybe keep a low profile for a bit and just Google it for now. Yes, even those of you in Europe. This isn’t going away any time soon. Hell, the waffles and pancakes thing was three years ago and people are still making jokes about it.