Summary
ERNST & Young partner Alec Carstairs believes that a six-month ban on accepting new audit clients in the US "will have no significant effect on the UK practice in the short term".
On Friday, E&Y was banned from accepting audit clients for six months in a case involving the software group PeopleSoft, handing victory to the Securities and Exchange Commission (SEC).See the full content of this document
Extract
Ernst & Young Denies Ban Will Affect Uk Practice
Judge Brenda Murray also ordered E&Y to pay $1.7 m...
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