Scrutiny Mounts Over Delays Probing EY’s UK Post Office Audits

Pressure is mounting in Parliament on the UK accounting watchdog to explain why it was so late opening an investigation into the Post Office’s auditor, despite a high-profile scandal dragging on for years, and why it is only probing a limited time period.

The Financial Reporting Council said in April that it had opened an investigation into Ernst & Young’s Post Office audits from 2015 to 2018. Hundreds of sub-postmasters were wrongly prosecuted and sometimes jailed between 1999 and 2015 because faulty accounting software suggested they had stolen money.

EY audited the UK Post Office from 1986 to 2018. EY ...