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According to Accounting Today, the Securities and Exchange Commission (SEC) charged Ernst & Young (EY), one of its current partners, and two of the firm’s former partners Monday with violating auditor independence rules and improper professional conduct.


  1. What was the public company audited by EY according to this charge?
  2. What were the auditor independence rules and professional conduct requirements violated according to the SEC?
  3. What was the settlement in this case?
  4. What was the audited company’s chief accounting officer’s role in the misconduct charge?


Cohn, M. (2021) SEC charges EY and partners with audit independence misconduct. Accounting Today, August 9 (Retrievable online at