Re:Wirecard CEO exits as search for missing billions hits de...
by this_user on Friday June 19, 2020 @10:16AM
(#23574737)
EY had been WDI's auditor for well over a decade. They only now refused to sign after KPMG wouldn't give the company a clean bill of health in April. Obviously, these shady practices didn't just start in the last few months, so there are clearly things that EY should have flagged much earlier, but failed to do so. And for that, they will be on the hook.
Re:Wirecard CEO exits as search for missing billions hits de...
by thesumofall on Friday June 19, 2020 @10:19AM
(#23574758)
Thanks for clarifying. Confusing story if you’re just starting to get into it
Not sure I get this. The news reports also seem to claim that E&Y rejected to sign the balance sheets. Or was that just after everything went haywire?