Wirecard AG (WDI.DE), a Germany based payments and cards platform, has delayed publication of its financial statements due to “indications of presentation of spurious balance confirmations.” The obfuscated statement relates to an apparent audit by EY that uncovered a €1.9 billion discrepancy. EY reports an… Read More
Payments processing firm Wirecard (WDI.DE) has commissioned an independent audit of its accounts by professional services firm KPMG. The audit is being performed to address questions related to allegations of improper accounting by Wirecard’s management. The audit will commence immediately according to a statement by… Read More
BDO Australia has formed a partnership with Decentralised Capital to provide auditing and assurance services to the blockchain and crypto asset sector. The move was described as likely to boost institutional interest in the emerging sector of Fintech. Decentralised Capital is a specialist blockchain firm… Read More
EY announced on Monday the launch of its new blockchain feature, EY Blockchain Analyzer. The company described the feature as a suite of blockchain audit technologies that enhances the ability to perform an in-depth review of cryptocurrency business transactions. EY reported that the EY Blockchain… Read More
RCS Capital Corporation (“RCAP”) (NYSE: RCAP), today issued the following statement regarding RCAP’s recent share price movement. Given the corporate announcements made by American Realty Capital Properties, Inc. (“ARCP”) (NASDAQ: ARCP) since October 29th, and the effect those announcements have had on RCAP’s market valuation, RCAP would like to… Read More
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