#85 - EY and Wirecard: a tale | Curio

#85 - EY and Wirecard: a tale

25 mins | Nov 2, 2021

Today's episode from 2nd November 2021. Up first this Tuesday: It's been described as "a fraud in the billions", so how did one of the world's biggest accountancy firms miss one of the biggest cases of fraud in recent history? We take an in-depth look at the Wirecard scandal involving EY and explore how it could have been avoided. Then later, does the idea of happily ever after may need a shakeup? With divorce rates doubling since 1970, we consider why you don't have to find 'the one' to live a complete life. Wirecard executives managed to dupe one of the Big Four auditors for years, resulting in companies losing millions and EY coming under fire. Using first-hand testimony for the Financial Times, Olaf Storbeck examines the missed opportunities to uncover fraud of such magnitude in a company that had supposedly been audited for over a decade. Twice as many marriages end in divorce today compared to fifty years ago, yet society still tells us that romance is the key to lifetime happiness. In this inspiring piece, Guardian columnist Sonia Sodha explains why we don't have to find 'the one' to be happy, fulfilled and accepted. Instead, we should learn to rebalance the value we place on romantic and platonic love. Wake up with Curio is a different kind of morning show that gives you the context behind the news and gets you motivated for the day ahead, every Monday - Friday.

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