Audit & Accounting

Wirecard AG’s former chief executive officer was detained by Munich prosecutors after 1.9 billion euros ($2.1 billion) went missing from the digital-payment company, in a scandal that has rattled Germany’s financial industry.

Wirecard AG was left fighting for survival after acknowledging that 1.9 billion euros ($2.1 billion) that it had reported as assets probably don’t exist, deepening an accounting scandal that has rattled Germany’s financial industry.

Markus Braun’s almost two decades as Wirecard AG’s chief executive officer ended after accusations about the company’s accounting culminated in a shock disclosure that it was unable to locate 1.9 billion euros ($2.1 billion).

The popular events will be entirely online this year.

Wirecard suffered one of the worst stock slumps in the history of Germany’s benchmark index after revealing that about 1.9 billion euros ($2.1 billion) in cash has gone missing, spooking investors who have endured years of allegations of wrongdoing at the payments company.

PKF North America is uniting the transaction advisory and valuation practices of six of the firms in the PKF International network and forming PKF Advisory LLC.

Joseph Rugger, an accounting director and profit consultant at Tooth & Coin, received the ninth annual award honoring the memory of Maximo Mukelabai.

Wave Money integrates with Wave’s financial management software for a full money management experience.

Gary Boomer, Allan Koltin and Gary Shamis share their top tips to help navigate the pandemic — and the uncertain period beyond it.

Real change will involve people, processes and much more beyond just software and hardware.