EY-Studie: Weniger ausländische Investitionen in Deutschland
Ausländische Investoren zieht es innerhalb Europas vor allem nach Frankreich. Deutschland fällt zurück, wie eine Studie der Beratungsfirma EY zeigt. Die Experten warnen vor einem Verlust an Wettbewerbsfähigkeit.
Mehr als 13.000 Anleger verklagen Wirecard-Prüfer EY
Jahrelang hatte EY die gefälschten Bilanzen des Zahlungsabwicklers Wirecard gepüft und nicht beanstandet. Deshalb haben nun über 13.000 Investoren Klage eingereicht - und fordern Schadensersatz in Höhe von 700 Millionen Euro.
Adani Auditor EY Faces Inquiry by India’s Accounting Regulator: Report
The National Financial Reporting Authority has requested documents and communications related to the audits of Adani-controlled companies dating back to 2014, Bloomberg reported.
Auditors are capitalism's lubricants, who keep the gears of finance capital smoothly a-whirl, allowing investors to move their money in and out of companies without having to go pore over their books and walk through their facilities. Without auditors, the gears of capitalism would grind themselves to dust:
Unfortunately for capitalism, auditing is irredeemably broken. The Big Four auditors (#PWC, #EY, #Deloitte and #KPMG) have merged to monopoly, becoming #TooBigToFail and #TooBigToJail. These four gigantic firms have spun up fantastically lucrative "consulting" divisions that advise companies on how to cheat on their audits and attain incredible (paper) gains.