EY RAPPED OVER AUDIT COMPLETION PROCESS

摘要

The audit regulator has raised concerns over EY's audit completion procedures, auditing revenue, rigour in challenging management assumptions over impairment, and the quality of written communications with audit committees. Overall, 88% of EY's audits were considered 'good or limited improvements required', slightly below the 90% target set by the FRC, but up on 2015/16's 85%.