auditors

Audit Standards On Hot Seat In Wake Of Wirecard Scandal
Audit Standards On Hot Seat In Wake Of Wirecard Scandal
July 02, 2020  |  Security & Fraud

The former chair of the London Stock Exchange is calling for a thorough overhaul of audit standards in the wake of the $2.1 billion Wirecard...

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Wirecard Saga Reignites Debate Over Auditors’ Role In Combatting Fraud
Wirecard Saga Reignites Debate Over Auditors’ Role In Combatting Fraud
July 02, 2020  |  B2B Payments

As the fallout from Wirecard‘s $2 billion accounting scandal continues, some attention has turned to the Germany-based payment company’s auditor, Ernst & Young (EY). A...

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Two Auditors Implicated In India Fraud Case
Two Auditors Implicated In India Fraud Case
June 13, 2019  |  Security & Fraud

India has implicated two auditors working with Leasing & Financial Services (IL&FS) with 22 auditing violations that the country called “organized crime,” according to a...

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Deutsche Bank Auditors Found AML Process Weaknesses
Deutsche Bank Auditors Found AML Process Weaknesses
June 10, 2019  |  Bank Regulation

Internal auditors at Deutsche Bank found weaknesses in anti-money laundering processes resulted in checks and high-value electronic payments being processed without undergoing the proper vetting....

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Bitcoin Daily: QuadrigaCX’s Crypto Moves To EY; Samsung Unveils Smartphone With Built-In Crypto Key
Bitcoin Daily: QuadrigaCX’s Crypto Moves To EY; Samsung Unveils Smartphone With Built-In Crypto Key
February 21, 2019  |  Bitcoin

Most of the wallet contents from digital currency exchange QuadrigaCX have reportedly been sent to Ernst & Young (EY), a monitor appointed by the court...

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UK Auditors Questioned Over Role In Combatting Fraud
UK Auditors Questioned Over Role In Combatting Fraud
February 05, 2019  |  B2B Payments

The rash of corporate accounting scandals to hit the U.K. in recent years has spawned a new debate over auditors’ roles in identifying fraud. Reports...

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