Big Four, Corporate Governance, Criminal Transactions, Financial Institutions / 04.07.2020
Wirecard scandal: a story of fraud and auditing negligence
Wirecard’s share price has collapsed after the exposure of its fraud scheme. On Thursday, June 18th 2020, Wirecard’s auditor, EY, stated that, when carrying out its 2019 audit of the firm, it could not find $2 billion in the company’s accounts, funds that the German firm later...