Publisher

Financial Times

1 published claim from Financial Times appears in the database. The labels below compare each sampled claim with the record. They do not rate the publisher as a whole.

Supported1

Sampled claims

Supported77
Reports 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.
Ernst & Young GmbH WirtschaftsprüfungsgesellschaftPress report, 3 April 20235 records citedAccounting

Reports and statements sampled

German audit watchdog bans EY over Wirecard workPress report, 3 April 2023

Responses on record

EY Germany, 3 April 2023, on this claim: EY said it cooperated fully and regretted that the fraud was not uncovered earlier.^S2
EY Germany, 27 March 2024, on this claim: EY said it would not appeal but did not share APAS's assessments in full.^S3

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
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