SPF reveals infringements in operation of Ernst&Young
The examining board of the State Property Fund of Ukraine (SPF) on December 17, 2105 revealed violation of Ukrainian law by Ernst & Young during drawing up reports on property appraisal.
The fund said that the fund will have to annul the company's certificate if violation of Ukrainian law were revealed later.
The fund informed the company on this in a letter dated January 12, 2016.
Additionally, the examining board established similar violation of Ukrainian law in the operation of HTsNTP-PLUS LLC (Lutsk).
Ernst & Young is one of the largest audit and consulting companies in the world.
Ernst & Young along with PricewaterhouseCoopers (PWC), Deloitte and KPMG are Big Four auditors.
HTsNTP-PLUS LLC was registered in 2003.
Advertising
Advertising
MORE ABOUT
Assets of members of criminal group led by SPF ex-head Sennychenko seized in Austria
12:00, 10.12.2024
Ukraine's Rada dismisses head of State Property Fund Koval
13:58, 05.09.2024
Motor Bank, Vinnytsia Aircraft Plant, other assets of ex-president of Motor Sich Bohuslayev transferred to SPF
19:20, 31.07.2024
URCS, SPF sign cooperation memo
16:38, 25.01.2024
Rada may appoint head of Rivne regional administration Koval as head of State Property Fund – Arakhamia
09:54, 08.11.2023
LATEST
Ukraine's State Agency revises claims about UAH 6.6 bln road through Bukovel
20:30, 05.12.2025
G7, EU countries considering complete ban on oil transportation from Russia instead of price cap – media
20:29, 05.12.2025
Intl support for humanitarian demining since 2022 reaches nearly $1.5 bln – Economy Minister
19:42, 05.12.2025
Eighty-three candidates apply for four Energoatom Supervisory Board seats
14:02, 05.12.2025
Vodafone Ukraine announces another buy-out of eurobonds for $1.16 mln