What Investors Need To Know About Audits
I provided a keynote presentation on Luckin Coffee and Wirecard for CFA New York and Baruch College on Feb. 22
You can find a replay of the program and a link to my slides here.
Agenda
The Luckin Coffee and Wirecard frauds
What particular accounting issues were involved?
Why should US investors care about frauds at a Chinese company and German company?
Short interest, whistleblowers, and media scrutiny
What did the companies do to respond to this criticism?
Was it…