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Fees Dependency: Auditors often receive significant fees from their clients. In the case of Wirecard, EY was not only the auditor but also provided substantial

Fees Dependency: Auditors often receive significant fees from their clients. In the case of Wirecard, EY was not only the auditor but also provided substantial non-audit services to the company. This heavy financial dependence on a single client can create a perceived or actual threat to independence, as auditors may hesitate to challenge management's actions or financial reporting for fear of losing the client and the associated revenue. i. Fact ii. Critique if the response is factual/accurate. - Justify your critique with supporting evidence based on research performed on Wirecard's scandal.

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