EY was investigated about the scandal post office audits

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The UK Accounting Regulatory is achieved in EY due to the post offices of the post office at the latest repercussions of the scandal in which hundreds of postal managers were misleading on the basis of information from defective software.

The Financial Reports Board said on Wednesday that it will be subject to whether Big Four Form is in the 2015 post office audits to 2018 Met Methoreats Accounting Stix.

FRC said its achievement will have a special focus on “matters related to the horizon information technology system”, which was at the heart of the scandal.

EY reviewed the post office accounts from the late eighties until PWC took over in 2019.

This issue sparked general anger when it was combined into the ITV 2024 series, which prompted legislation to clarify names Sub –.

The opening of the FRC probe follows the conclusion of the general listening sessions that were implemented as part of a wider investigation Horizon scandalThat did not cover EY Ay Cover operations.

This investigation, which was created in 2020 to study how more than 900 sub -fans were condemned using wrong data from the horizontal information technology system, concluded public listening sessions in December, preparing to publish its final report.

According to the investigation certificate from the former post office head Alice Peoples in June, EY was aware of the IT issues on the horizon early in 2011.

Watchdog’s accounting investigation is the third time a week that EY’s historical review was challenged.

Last week, it was the four major company 4.9 million pounds were fined for “serious violations” When it audits Thomas Cook, including the failure to stab managing the company properly on its ability to continue as a continuous tenth.

On Monday, the company was fined by another 325,000 pounds for the signing of Stiring Water Seafield Finance for 2019, which discovered its penetration to the maximum of 10 years, any auditor was allowed to work on the company’s accounts without a public tender.

Usually overseeing audits in the post office in front of the Trade Authority and the Institute of Public Accountants in England and Wales, but FRC said it “recovered” the matter due to the “increasing” public interest surrounding it.

Ey He said he was notified of the investigation of the FRC, adding: “We take the responsibilities of the public interest very seriously and we will fully cooperate with FRC while investigating it.”