The Dutch Authority for the Financial Markets announced that the Accountants Chamber has largely upheld its disciplinary complaint against an EY accountant, finding that the auditor carried out insufficient work to obtain sufficient and appropriate audit evidence for the audit opinion on Airbus’s 2019 financial statements. The deficiencies related to the identified fraud risk of non-compliance with laws and regulations concerning bribery and corruption, and the ruling found a breach of the fundamental principle of professional competence and due care. The Accountants Chamber imposed a disciplinary measure of temporary removal from the registers for three months, preventing the accountant from practising during that period. Parts of the complaint were declared unfounded, which the AFM said it will study further. Both the AFM and the accountant can appeal the decision.
Dutch Authority for the Financial Markets 2026-03-27
Dutch Authority for the Financial Markets sees Accountants Chamber uphold most allegations against EY Airbus auditor and impose three-month suspension
The Dutch Authority for the Financial Markets reported that the Accountants Chamber upheld most of its disciplinary complaint against an EY accountant for inadequate audit work on Airbus’s 2019 financial statements, particularly regarding fraud risks related to bribery and corruption. The accountant was temporarily removed from the registers for three months. Both parties may appeal the decision.