EY Fined £1.2 Million for Breaching Standards on Made.com Audit

The regulator has fined Big Four firm EY £1.2 million for breaching standards during its audit of furniture retailer Made.com, citing reliance on forecasts and inadequate testing.

28 Jul, 08:18 — 28 Jul, 08:18

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FTVery High17d ago

EY fined £1.2mn for breaching standards on Made.com audit

Regulator says Big Four firm relied on furniture retailer’s forecasts and did not carry out ‘adequate testing’

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EY Fined £1.2 Million for Breaching Standards on Made.com Audit

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EY fined £1.2mn for breaching standards on Made.com audit

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