EY Gets Two-Year Audit Ban in Germany for Wirecard Failings


Germany’s audit watchdog said Ernst & Young breached its professional duty in giving

Wirecard

a clean bill of health from 2016 through 2018. Germany’s EY arm was fined 500,000 euros, equivalent to around $542,000.

Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8


Germany’s audit watchdog said Ernst & Young breached its professional duty in giving

Wirecard

a clean bill of health from 2016 through 2018. Germany’s EY arm was fined 500,000 euros, equivalent to around $542,000.

Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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AccountingAccounting/ConsultingAuditBanBankingBanking/CreditBusinessbusiness newsBusiness/Consumer Servicesconsultingconsumer servicesCreditDE:WDIElectronic Payment SystemsErnst & YoungfailingsFinancial ServicesFinancial TechnologygermanyLatestSYNDTechnologyTwoYearWDI.BEWirecard
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