US EditionEY Gets Caught Up in Independence Violations Because Audit Partner Rotation Is For Chumps
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EY Gets Caught Up in Independence Violations Because Audit Partner Rotation Is For Chumps
We think this was first spotted by Financial Times so h/t to them. Gigantic UK-based energy company Shell announced yesterday it will be updating its 2023 and 2024 Form 20-Fs “due to EY non-compliance with audit partner rotation rules” after EY UK told them they’d discovered a small audit partner rotation issue for those years. Said the news release put out by Shell: On July 1, 2025, EY, Shell plc’s independent registered public accounting firm…
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