The former chair of the London Stock Exchange is calling for a thorough overhaul of audit standards in the wake of the $2.1 billion Wirecard...
In the ongoing scandal of Wirecard, under fire for fraud, the focus is now turning to auditors Ernst & Young (EY), which reportedly failed to...
Ernst & Young (EY), the global accounting firm hired to verify Wirecard’s financials, failed to request crucial information from a Singapore bank where the German...
According to auditor Ernst & Young (EY), German payment processor Wirecard knowingly gave false statements and was in the midst of “elaborate and sophisticated fraud...
Wirecard AG, the Munich, Germany payment processor, acknowledged Monday it’s likely the missing 1.9 billion euros ($2.1 billion) from its accounts in the Philippines never...
The Philippines central bank cast doubt on Wirecard AG’s assertion that the Munich, Germany payment processor deposited 1.9 billion euros ($2.1 billion) into two banks...
As part of EY’s international trade management services expansion, over 100 staffers from GTKonnect became a part of EY member firms in India and the...
The Financial Reporting Council (FRC), the U.K.’s audit regulator, announced plans this week to break up the dominance of the largest four accounting firms, Deloitte,...