EY under fire

The Herald report:

Several media organisations have withdrawn from the annual EY business journalism awards after an entry about one of the consultancy firm’s clients was removed.

The entry by journalist Karyn Scherer at NBR was an investigation published last year into alleged accounting irregularities at photocopier and printing company Fuji Xerox.

Following Scherer’s coverage, Japanese parent company Fujifilm last month released an independent report which found “inappropriate accounting” in operations in New Zealand and Australia between 2011 and 2016

Fuji Xerox was one of EY’s audit clients

EY withdrew the entry from this year’s awards, resulting in independent judge and journalist Rebecca Macfie’s resignation from the judging panel.

NBR today announced it would be withdrawing from the EY Business Journalism Awards entirely.

The Herald has also decided to withdraw its entries from the awards. …

Following NZME’s withdrawal, Fairfax has also decided to withdraw from the awards.

The awardsare basically now a joke, with three major media companies pulled out. EY need to have a very good explanation for their actions or there will be reputational damage.
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