Enforcement actions against audit firms, from the regulators' own decisions
35 actions by 9 regulators against firms in 7 networks. Each entry states what the regulator found, the sanction and the firm's response.
Latest
| Date | Firm | Regulator | Audited entity | Sanction | Amount |
|---|---|---|---|---|---|
| 7 October 2026 | Deloitte LLP | Financial Reporting Council | Go-Ahead Group plc (FY2016 to FY2020 audits) | Fine | £11,000,000, reduced to £6,050,000 |
| 28 July 2026 | Ernst & Young LLP | Financial Reporting Council | Made.com Group plc (FY2021 audit) | Fine | £1,197,000, adjusted from £1,800,000 |
| 16 July 2026 | PricewaterhouseCoopers LLP | Financial Reporting Council | Babcock International Group plc (FY2019 and FY2020 audits) | Fine | £3,248,437 |
| 19 November 2025 | Ernst & Young LLP (Kenya) | Capital Markets Authority of Kenya | Uchumi Supermarkets Limited (2014 rights issue, reporting accountant) | Fine | KES 10,000,000 |
| 25 June 2025 | Deloitte Accountants B.V. | Public Company Accounting Oversight Board (PCAOB) | None (firm conduct, training test answer sharing) | Fine | $3 million civil money penalty |
| 25 June 2025 | EY Accountants B.V. | Public Company Accounting Oversight Board (PCAOB) | None (firm conduct, training test answer sharing) | Fine | $2.5 million civil money penalty |
| 25 June 2025 | PricewaterhouseCoopers Accountants N.V. | Public Company Accounting Oversight Board (PCAOB) | None (firm conduct, training test answer sharing) | Fine | $3 million civil money penalty |
| 10 April 2025 | Ernst & Young LLP | Financial Reporting Council | Thomas Cook Group plc (FY2017 and FY2018 audits) | Fine | £6,500,000 |
| 25 March 2025 | PricewaterhouseCoopers LLP | Financial Reporting Council | Wyelands Bank plc (FY2019 audit) | Fine | £4,500,000 before discounts |
| 13 September 2024 | PricewaterhouseCoopers Zhong Tian CPAs (普华永道中天会计师事务所) | China Securities Regulatory Commission and Ministry of Finance | Evergrande Real Estate (2018 to 2020 annual reports and five bond issuances) | Fine | CSRC: confiscation of 27.74 million yuan and a fine of 297.4 million yuan |
| 7 May 2024 | Ernst & Young LLP | Financial Reporting Council | London Capital & Finance plc (year to 30 April 2017 audit) | Fine | £7,000,000 |
| 7 May 2024 | PricewaterhouseCoopers LLP | Financial Reporting Council | London Capital & Finance plc (year to 30 April 2016 audit) | Fine | £7,000,000 |
| 3 May 2024 | BF Borgers CPA PC | U.S. Securities and Exchange Commission | More than 1,500 SEC filings by public company clients (January 2021 to June 2023) | Suspension | $12 million civil penalty against the firm |
| 10 April 2024 | Imelda & Rekan (Deloitte Indonesia) | Public Company Accounting Oversight Board (PCAOB) | None (firm conduct, training test answer sharing) | Fine | $1 million civil money penalty |
| 10 April 2024 | Navarro Amper & Co. (Deloitte Philippines) | Public Company Accounting Oversight Board (PCAOB) | None (firm conduct, training test answer sharing) | Fine | $1 million civil money penalty |
By firm
By regulator
Financial Reporting Council (17)Public Company Accounting Oversight Board (PCAOB) (7)U.S. Securities and Exchange Commission (4)Capital Markets Authority of Kenya (2)China Securities Regulatory Commission and Ministry of Finance (1)Abschlussprüferaufsichtsstelle (APAS, Auditor Oversight Body) at BAFA (1)Dutch Authority for the Financial Markets (AFM) (1)Financial Services Agency of Japan (1)U.S. Department of Justice (conviction reversed by the Supreme Court) (1)