E&Y up before the beak

Ooops - I missed this from Accountancy Age.

"Chris Dickson, executive counsel of the JDS, has told Accountancy Age that he would 'go and get some dates for the tribunal', having laid complaints against Ernst & Young for its work on the audit of Equitable Life."

I hope Nick Land has a good excuse for continuing to take fees in a troubled company. Maybe he will be  forced to answer some of the questions posed here.

Is there anything to learn here? Do we believe that E&Y were naughty boys and are prepared to make a noise about it so the JDS slaps them with a say...£20 million fine? Why not? Why should it (nearly) always be the Big Four that taints the rest of the profession? PwC and Deloittes have already been pulled up this year for stepping over the line. In the US, the Big Four have been trying to get liability thresholds pegged back for SarbOx related issues.

How the heck is the profession supposed to become trusted by any stakeholder unless the silent majority kick up a stink and insist the Big Four play by the same rules as everyone else?