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Wirecard scandal: are the sloppiness of the EY auditors to blame?

2021-07-07T09:40:15.820Z


Under the eyes of EY's auditors, the scandalous company Wirecard was able to cheat for years. How can that be? And above all: could the disaster repeat itself in the future?


In the end, 1.9 billion euros were missing from the group's treasury.

But the Wirecard scandal does not stand alone for an unprecedented case of fraud.

Because without the sloppy work of the auditors EY, the manipulations would not have been possible.

In this podcast episode, SPIEGEL editor Gerald Traufetter takes us behind the scenes of an industry that is worried about its reputation.

Because thoroughness and reliability are valuable virtues among auditors.

Actually.

Why did the inspectors fail in the Wirecard case?

And how much complicity do you have in the disaster?

More about the podcast

SPIEGEL Daily appears every morning on SPIEGEL + and on Audible.

As a SPIEGEL + subscriber, you will hear the latest episodes on weekdays from 6 a.m.

We also summarize the best moments from the past episodes for the weekend.

Listen to this episode with our audio player at the beginning of the article.

You can also find all episodes of this podcast that have already appeared on Audible.

Source: spiegel

All business articles on 2021-07-07

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