Audit quality at EY’s UK arm fell last year, according to an inspection from audit watchdog the Financial Reporting Council.
The FRC found that 35% of the EY audits it reviewed required improvements, an increase from 21% the previous year.
Accountancy
EY audit quality slides ahead of potential split
Regulator finds more than a third of audits require improvement
Audit quality at EY’s UK arm fell last year, according to an inspection from audit watchdog the Financial Reporting Council.
The FRC found that 35% of the EY audits it reviewed required improvements, an increase from 21% the previous year.