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June 1, 2023

When accounting goes unaccounted for

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if this was $2 million just imagine what Lehman would have been

Audit

Ernst & Young Settles a $2 Million Slap on the Hand With the PCAOB

by Adrienne Gonzalez

And no, before anyone asks, this has nothing to do with Lehman. According to the PCAOB, Ernst & Young settled with the Board yesterday related to three EY audits of Medicis Pharmaceutical Corporation to the tune of $2 million, the largest civil penalty levied by the PCAOB to date. Note that a settlement doesn't mean […]