LONDON (Reuters) -European investor campaign group Better Finance said on Wednesday it has set up a foundation to help 30,000 investors recover the 1.5 billion euros ($1.6 billion) they lost when ...
Global audit giant EY is facing growing questions and threats of legal action over its role in the bankruptcy of German payments processor Wirecard after signing off on the accounts for years. Some ...
The longterm auditor for Wirecard warned that KPMG's audit report lacked "context" ahead of an accounting scandal that led to the company's insolvency. Ernst & Young ...
FRANKFURT, Germany (AP) — The German arm of EY, one of the world’s Big Four accounting firms, has been fined 500,000 euros ($544,630) after acting as the auditor for collapsed payments company ...
Big-4 accounting firm EY has been banned from auditing companies of public interest in Germany for two years over its failures as the auditor of Wirecard in the years before the digital payments ...
Global accounting firm EY said on Tuesday it regretted not spotting fraud at German payments company Wirecard sooner and that it would improve how it verifies information from clients through greater ...
FRANKFURT, Dec 22 (Reuters) - A new investor lawsuit is claiming more than 700 million euros ($771.40 million) in damages from accounting firm EY for its role in auditing the books of Wirecard before ...
EY's global chairman has expressed "regret" that the accounting firm did not uncover Wirecard's fraudulent practices sooner, according to a Financial Times report. Amid backlash over EY's failure to ...