@taxoria.services: €1.9bn of cash… that didn't exist. 💸 Wirecard was a fast-growing German payments company with €1.9bn of cash on its balance sheet. In June 2020 its auditor said it could not confirm the cash. The money was most likely never there. About a week later, Wirecard filed for insolvency. The lesson: check that the cash in your reports matches your bank statements. If it doesn't, everything built on those numbers is wrong. Taxoria reconciles your books against your bank, so the cash in your reports is the cash in your bank. 📲 Free consultation on WhatsApp: UK +44 7340 868363 · PK +92 321 5623349 🌐 taxoriaservices.com Sources: Finance Magnates, OCCRP. #breakingnews #makingtaxdigital #selfemployeduk #accountantuk #fintok #news #llc #taxes #smallbusinessowner #fintok #breakingnews #uaebusiness #einvoicing #dubaibusiness #fintok #news #overseaspakistani #fbr #filer #fintok #relatable #truestory #businessnews #accounting #fintok #spookyseason #taxtips #smallbusiness #accountant #fintok
