TE
科技回声
首页24小时热榜最新最佳问答展示工作
GitHubTwitter
首页

科技回声

基于 Next.js 构建的科技新闻平台,提供全球科技新闻和讨论内容。

GitHubTwitter

首页

首页最新最佳问答展示工作

资源链接

HackerNews API原版 HackerNewsNext.js

© 2025 科技回声. 版权所有。

Revolut CFO quits after auditor BDO warning

115 点作者 haasted大约 2 年前

12 条评论

krona大约 2 年前
The Revolut UK banking chief executive also just quit &#x27;for unrelated reasons&#x27; after texting a death threat to a customer: <a href="https:&#x2F;&#x2F;www.telegraph.co.uk&#x2F;business&#x2F;2023&#x2F;05&#x2F;13&#x2F;revolut-executive-shotgun-customer-fintech&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.telegraph.co.uk&#x2F;business&#x2F;2023&#x2F;05&#x2F;13&#x2F;revolut-exec...</a>
评论 #35932854 未加载
评论 #35933194 未加载
rahimnathwani大约 2 年前
The article says:<p><pre><code> “There is not any doubt over the completeness of the balance sheet, which, in turn, logically means that total revenue is also correct,” he[0] said. </code></pre> By my reading, this directly contradicts the statement of the auditors, published on Revolut&#x27;s web site[1]:<p><pre><code> As described in the basis for qualified opinion section of our report, we were unable to satisfy ourselves concerning the completeness and occurrence of certain revenues for the year ended 31 December 2021. We have concluded that where the other information refers to revenue or related balances these may be materially misstated for the same reason. </code></pre> By my reading, this says that it&#x27;s not just <i>revenue</i> that may be materially misstated, but <i>revenue or related balances</i>. So the statement by the CFO directly contradicts what the auditors say about both the Income Statement <i>and</i> the Balance Sheet.<p>[0] Salovaara, the CFO.<p>[1] <a href="https:&#x2F;&#x2F;assets.revolut.com&#x2F;pdf&#x2F;Revolut_Ltd_YE_2021_Annual%20Report.pdf" rel="nofollow">https:&#x2F;&#x2F;assets.revolut.com&#x2F;pdf&#x2F;Revolut_Ltd_YE_2021_Annual%20...</a> which is linked on <a href="https:&#x2F;&#x2F;www.revolut.com&#x2F;financial-statements&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.revolut.com&#x2F;financial-statements&#x2F;</a>
评论 #35933892 未加载
评论 #35933964 未加载
sschueller大约 2 年前
From what I have read in the last years of how the CEO and the company in general operate I would not be surprised if there will be a criminal investigation. This isn&#x27;t the first time Revolut has had issues.<p>[1] <a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Revolut#Controversies" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Revolut#Controversies</a>
SilverBirch大约 2 年前
This is really quite very very bad. I remember someone on twitter a while ago pointing out they keep missing the deadline for publishing their accounts. Like one of the things I would be quite keen to do if I were applying for a banking license would be to make sure I&#x27;m getting the paperwork right. Given that Revolut have raiesd enormous amounts of cash, I&#x27;d imagine they&#x27;re pretty keen to IPO, and to do that they need a UK banking license - and there&#x27;s just no way that&#x27;s happening any time soon given what&#x27;s going on. This could really cause them trouble and in the mean time the equity of any of the employees has probably already gone to zero because of the massive valuations they&#x27;ve raised at.
评论 #35939665 未加载
评论 #35937623 未加载
pavlov大约 2 年前
So did “fintech” just mean “shitty bank” all along, same way that crypto was just shitty penny stocks.
评论 #35933131 未加载
评论 #35933417 未加载
评论 #35935008 未加载
评论 #35934539 未加载
joering2大约 2 年前
Punchline: “IT systems weren’t designed in such a way that would allow for IT or business process controls to be effectively tested throughout the year.”
评论 #35932806 未加载
评论 #35932469 未加载
computing大约 2 年前
I would not be surprised if this is another Wirecard&#x2F;FTX brewing, and I will also not be surprised if it&#x27;s all 100% legit.
rchaud大约 2 年前
CFO&#x27;s comments to The Guardian in December 2022 (the article also mentions the auditor&#x27;s concerns)[0]:<p>&gt; Mikko Salovaara, its chief financial officer, told the Guardian in an interview that the company was on the brink of getting a banking licence from City regulators: “I think we’re at the very last stages. Really at the finish line.” Salovaara said the UK licence was a step towards achieving Revolut’s aim of becoming a “truly global bank”. It would allow the company to offer “an increasing set of services to our customers, particularly credit.”<p>Sounds like another Wirecard. There&#x27;s even the cliched startup quote &quot;we want to be the Amazon of banking&quot;. WC wanted to be the Paypal of Europe. Amazing how far you can get before you&#x27;ve earned a single cent of profit!<p>[0] <a href="https:&#x2F;&#x2F;www.theguardian.com&#x2F;business&#x2F;2023&#x2F;mar&#x2F;01&#x2F;uk-fintech-firm-revolut-much-delayed-accounts-reveal-first-annual-profit" rel="nofollow">https:&#x2F;&#x2F;www.theguardian.com&#x2F;business&#x2F;2023&#x2F;mar&#x2F;01&#x2F;uk-fintech-...</a>
评论 #35932772 未加载
teddyh大约 2 年前
<a href="https:&#x2F;&#x2F;archive.is&#x2F;QI8b0" rel="nofollow">https:&#x2F;&#x2F;archive.is&#x2F;QI8b0</a>
wslh大约 2 年前
That is pretty bad, it sounds like a criminal investigation should start immediately.
评论 #35932809 未加载
评论 #35932558 未加载
评论 #35934712 未加载
sampa大约 2 年前
rate hike will wipe out many companies<p>it will blow up like this in very different places, wiping those who lived by the grace of free money
评论 #35933100 未加载
kman82大约 2 年前
Oh boy