Der Fall Wirecard

The Wirecard case has caused significant damage to investors and the financial sector in Germany as a whole. How were the responsible parties able to deceive supervisory boards, auditors, financial market regulators, and many others? Edgar Löw and Daniela Kunzweiler impressively describe a revealing chronology of the manipulation allegations and the reactions of the key players towards the public and in corporate financial statements in their book. It becomes clear that none of the regulatory bodies conducted a transparent and purposeful investigation. At what point were which allegations raised in what form? How did the individuals and organizations responsible for leadership and supervision respond? What initiatives has the legislator already undertaken? This is essential reading for auditors, executives, and supervisory board members, as well as for affected investors and anyone interested in thoroughly examining the consequences for auditing and financial supervision.