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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 thin
by saberdancer 6y ago
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.
- kyrra 6y agoEY 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.
- tomp 6y agoNo, EY just refused to rubber-stamp their books again after KPMG had already raised the red flag about Wirefraud.