
EY fined almost £5m for breaching standards in Thomas Cook audit | EY newsthirst.
EY has been fined almost £5m for “serious breaches of standards” over its audits of Thomas Cook in the years before the travel company’s devastating collapse in 2019. The UK’s audit watchdog, the Financial Reporting Council (FRC), said EY and one of its partners, Richard Wilson, had admitted to failings related to their assessment of…