from the Public Company Accounting Oversight Board found that in 2018, 27.3% of EY's audits had "deficiencies," meaning the auditor didn't have sufficient evidence at the time to support its opinion on the company's financials. A deficiency doesn't necessarily mean the auditor's assessment of the company's financials was wrong. EY isn't alone: The PCAOB found that Deloitte's rate of deficiencies was 20% and KPMG's was 50% in 2018.
Cash fraud is uncommon, Taylor said, "mainly because of the thought that it's relatively straightforward to audit cash holdings." Presumably, the cash is either in the bank or not. That's what makes Wirecard's fraud "unparalleled," he added.
This guy looks like a Bond villian.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Take a look inside Rihanna's summer Hamptons rental - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Thank you rihanna . And people tell others that they are privileged? That's at least two units for the homeless. jakejrh12 Is she Crazy?
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
Philippines investigates Wirecard's missing $2 billion - Financial Times - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Tell the banks to release the money!
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
Germany's beleaguered Wirecard to proceed with business after insolvencyWirecard, the German scandal-hit payments company, said on Saturday it would proceed with business activities after filing for insolvency and expects a provisional administrator to be appointed by judicial authorities shortly.
출처: Reuters - 🏆 2. / 97 더 많은 것을 읽으십시오 »
Wirecard is 'beyond salvagable' analyst says, and rivals won't benefit - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
Analysis: Tesla is not valued as a tech company or auto company - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. HA HA HA HA HA HA 'rapidly building up a new industry' 1) Tesla hasn't grown revenue since Q4 2018- that's SEVEN quarters ago. 2) Last I checked, $TSLA made CARS (and poorly, at that). You know: tires, brakes, steering wheels, suspensions, interiors, exteriors, blah, blah, blah Maybe they should first think about building reliable cars that don’t break down a lot? Hate comments 😅
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »