Audit case
APAS and Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft
- Authority
- Abschlussprüferaufsichtsstelle (APAS) at the Federal Office for Economic Affairs and Export Control
- Case number
- Not published
- Filed or opened
- Not published
- Current stage
- Sanctions accepted without appeal according to EY.
- Outcome
- Sanctions imposed and not appealedS3.
Decisions and steps
Claims this case bears on
- Supported77Reports in April 2023 said the German audit oversight body APAS found professional duty violations in EY's Wirecard audits and barred it for two years from new listed audit clients.Press report, 3 April 20235 records citedAccounting
- Partly supported69EY said in June 2020 that there were clear indications of an elaborate and sophisticated fraud at Wirecard aimed at deliberate deception, presenting itself as deceived.Company statement, 25 June 20202 records citedFraud
Sources
- S2Tier C Geldbußen und Einschränkungen bei neuen Mandaten: Apas sanktioniert EY nach Wirecard-SkandalLegal Tribune Online. Press report. 3 April 2023.Legal news report using dpa material. Supports the findings for fiscal years 2016 to 2018, the EUR 500,000 fine and EY's response.Link working, checked 25 October 2026
- S8Tier C Berufsaufsichtsverfahren der Abschlussprüfer in Sachen Wirecard: APAS verhängt Sanktionen gegen Wirtschaftsprüfungsgesellschaft EYVerlag Dr. Otto Schmidt. Press report. 4 April 2023.Legal publisher's report citing the APAS press release of 3 April 2023, with no byline. Supports the decision date and the ban terms. The APAS original was not reachable.
- S3Tier C Keine Rechtsmittel gegen Sanktionen: EY akzeptiert Strafen für Fehler bei WirecardChannelPartner. Press report. 27 March 2024.Trade report with no byline quoting an EY spokesperson. Finality is EY's statement, not a confirmed legal status.Link working, checked 25 October 2026