Wirecard AG, the Munich, Germany payment processor, acknowledged Monday it’s likely the missing 1.9 billion euros ($2.1 billion) from its accounts in the Philippines never...
The Philippines central bank cast doubt on Wirecard AG’s assertion that the Munich, Germany payment processor deposited 1.9 billion euros ($2.1 billion) into two banks...
As part of EY’s international trade management services expansion, over 100 staffers from GTKonnect became a part of EY member firms in India and the...
The Financial Reporting Council (FRC), the U.K.’s audit regulator, announced plans this week to break up the dominance of the largest four accounting firms, Deloitte,...
The largest accounting firms – EY, Deloitte, KPMG and PwC – are investing billions of dollars in artificial intelligence (AI) and data technology products to...
The U.K.’s so-called Big Four accounting giants — PwC, Deloitte, KPMG and EY — have reportedly set aside more than $212 million in preparation for...
Wirecard’s chairman Wulf Matthias does not believe that his company needs an independent forensic audit, despite the fact that the company has been accused of...
John King, Ernst & Young Americas’ vice chair for assurance, wants to see more consistency from the country’s audit regulator, the Public Company Accounting Oversight...
As pressure continues to mount on the so-called Big Four corporate auditors in both Australia and the U.K., the Financial Times reports that the conglomerates...