Re:Former Wirecard CEO Markus Braun arrested
by saberdancer on Tuesday June 23, 2020 @09:51AM
(#23613900)
Yes, but the understanding is that the auditor gives approval of your "books" and companies should not be able to function for years while doing fraudulent things. This is why there is audit in the first place. It is mandatory and they should be held accountable for it.
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EY did catch them eventually. I'm guessing the courts will be doing a review of the audits that EY did over the years. It's likely a matter of how deceptive Wirecard was to their auditors.