EY is Banned from Auditing Public Interest Companies in Germany over Wirecard Scandal
Posted on 04/03/2023
EY (Ernst & Young) is a big-four accounting firm. Germany’s auditor supervisory authority APAS banned EY from auditing companies of public interest in Germany for two years over its failures as the auditor of Wirecard in the years before the digital payments company’s staggering collapse. The ban in Germany forbids the auditor from participating in…