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Lehman investigator alleges E&Y malpractice

Lehman investigator alleges E&Y malpractice

Ernst & Young’s (E&Y) US firm has been accused of professional negligence by US investigators for allowing Lehman Brothers’ accounting practices to go unchallenged in the year before the bank’s collapse.

 

 

Latest Headlines

Schapiro admits ‘flawed’ Lehman oversight

Mazars leader calls for more SMILEs

Langford to lead Deloitte US debt arm

IASCF seeks members for IFRS for SMEs group

Deloitte, Grant Thornton become valuation council sponsors

Russell Bedford appoints Ghanaian firm

Transparency essential in public sector: FEE

E&Y faces US govt panel over Repo 105 use

 

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Features & Analysis

To be or not to be?

To be or not to be?

Globalisation is driving some accountancy groups to reconsider their global structural model. Experts from networks and associations debate the pros and cons of their structural strategies and vicarious liability

World survey: Down but not out

World survey: Down but not out

Fee pressure and a lack of transactions has had a negative impact on global accounting networks and associations. A tough year is marked by revenue drops, tough competition and the threat of litigation

The French view

The French view

France has one of the loudest voices in Europe when it comes to accounting standards and financial markets regulation. The French securities regulator’s chief accountant, Sophie Baranger, share her thoughts on issues such as IFRS 9 and pressure on auditors

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