question : Ernest and Young cleared Wirecard’s reputation back in 2008 and BaFin, the German financial regulator, continually supports Wirecard. Critics of Wirecard were investigated by BaFin. Evaluate whether or not both these organization should be held accountable for the scandal. Provide justification for your response. Please make sure your answers in paragraph not less than 500 words. Thank you.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Ernest and Young cleared Wirecard’s reputation back in 2008 and BaFin, the
German financial regulator, continually supports Wirecard. Critics of Wirecard
were investigated by BaFin.

Evaluate whether or not both these organization should be held accountable
for the scandal. Provide justification for your response.

Please make sure your answers in paragraph not less than 500 words. Thank you.

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