[LONDON] The collapse of Wirecard prompted accounting firm Ernst & Young to send a letter to clients expressing "regret" that it failed to uncover fraud at the company sooner.

THE Singapore Exchange (SGX) on Tuesday afternoon queried private education provider Raffles Education Corp about "unusual price movements" after its shares jumped over 25 per cent.

WEAKNESSES in IT controls continue to be a point of concern for a number of government agencies, and audits have turned up lapses in procurement, contract and operations management at entities...

[FRANKFURT] Germany's financial watchdog BaFin said on Tuesday it was conducting an audit of the accounts for collapsed payments firm Wirecard covering a period running from 2017 to 2019.

[SINGAPORE] It was an anonymous letter by a whistleblower accusing Fuji Xerox Singapore managing director Bert Wong of "bribery and criminal breach of trust" that triggered a special audit in 2017...

[LONDON] Returning to the office will bring new challenges for banks and brokerages seeking to enforce good conduct by staff, after the bulk of their employees worked from home during the...

[BERLIN] Germany must toughen its rules for auditing and accounting to prevent another billion-euro scam like the Wirecard scandal, Bundesbank president Jens Weidmann said in a newspaper interview...

MORE Singapore-incorporated listed firms are receiving tainted audit opinions, a trend which the Accounting and Corporate Regulatory Authority (Acra) described as "unhealthy".

WHEN Leong Soo Yee turns up for the virtual interview over Microsoft Teams, the executive director (Markets) of the Association of Chartered Certified Accountants (ACCA) "arrives" with her...

SHARES in Malaysia's AirAsia Group tumbled more than 17 per cent on Wednesday in their biggest daily fall after the auditor cast doubt on the budget carrier's ability to continue as a going...