EY News and Analysis
Big4News follows EY’s audit work, advisory business, governance challenges, regulatory issues and public-interest responsibilities across the jurisdictions where the firm operates. This page brings together articles on EY, including audit failures, litigation, enforcement action, internal tensions, whistleblower claims and broader analysis of the pressures facing one of the world’s most influential professional services networks.
The Big Four Are Booming in India. Can They Scale Sustainably?
EY has emerged as the clear Big Four leader in India. The firm is reported to have crossed ₹16,000 crore in FY26 revenue, ahead of Deloitte and PwC’s Indian operations, while India has also become central to EY’s global delivery and AI strategy, with more than 100,000 EY people now based in the country.
The Hallucination Trap
A recent investigation published by GPTZero in May addressed hallucinations in EY Canada’s “Points of Attack: Uncovering Cyber Threats and Fraud in Loyalty Systems” cybersecurity report.
They found that 16 of the 27 references in the report were fictitious, with footnotes pointing to dead pages or information that simply wasn’t there. EY pulled the study down quickly once the GPTZero article went live.
Three Firms Under Fire: EY, Deloitte, KPMG Controversies
Intern Ofir Larsen alleges that in January 2023, during a work event at the K1 Karaoke Lounge in Sydney’s Haymarket, her manager Harry Young grabbed her right breast, slapped and gripped her left thigh, and made other unwanted physical contact.
After she raised the complaint internally, colleagues allegedly told her to “move on,” while she was shunned by the team and sidelined from several projects.
Big Four AI Arms Race
EY has made no major direct partnership announcement with Anthropic. Instead, the firm is doubling down on its own EY.ai Agentic Platform and alliances with players like Microsoft, NVIDIA, and Databricks. They remain very active in AI, especially in tax, risk, and finance transformation, but appear to prefer a broader, more independent ecosystem approach.