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March/April 2022 » Using Data Visualization To Help...
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Kathleen M. Bakarich, , PhD, CPA
In BriefWirecard, one of Germany's largest financial services companies, had long been suspected of employing questionable accounting methods before its auditor publicly announced in 2019 that it could not confirm the existence of €1.9 billion in cash. Utilizing a series of internal spreadsheets published by the Financial Times, this article applies data visualization techniques to highlight intriguing trends and relationships in the data. This rare glimpse into internal company data provides a visual peek behind the curtain at an accounting scandal.
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