(Bloomberg) — Wirecard AG said an independent audit by KPMG uncovered no need to restate earnings, but added that all the data needed to confirm past revenues could not be obtained. SWirecard hired the accounting firm in October, which has been looking into the payment processor’s third-party partner business, as well as business activities in India and Singapore.In a statement Tuesday, Wirecard said the required data needed to conclusively approve revenues from 2016-2018 is “primarily in the control of third parties.” The company also added that its 2019 accounts will not be released on April 30, due to the Covid-19 …read more
Source:: Yahoo Finance
