EY Broke US Audit Rules on Shell Mandate Two Years in a Row

EY Audit Breach Forces Shell to Amend U.S. Filings

Shell is to file amended regulatory filings after Big Four firm EY told the oil giant it broke audit rules after its lead partner overstayed their time. Shareholders were informed on Wednesday that an unnamed partner at EY who led the 2023 and 2024 audits for the energy giant “had exceeded the period allowed under Securities and Exchange Commission (SEC) audit partner rotation rules”. EY informed Shell on Tuesday that its US opinions on Shell’s …

EY broke US audit rules on Shell mandate two years in a row

Big Four firm in regulatory crosshairs after exceeding time limits on work for oil major in the US and UK

Shell plc filed amendments to its Form 20-Fs for 2023 and 2024 with SEC

July 2, 2025

Due to EY non-compliance with audit partner rotation rules, Shell to update 2023 and 2024 Form 20-Fs; financial statements remain unchanged

Due to EY non-compliance with audit partner rotation rules, Shell to update 2023 and 2024 Form 20-Fs; financial statements remain unchanged London,...

Shell forced to file amended US filings after EY broke audit rules

Shell is to file amended regulatory filings after Big Four firm EY told the oil giant it broke audit rules after its lead partner overstayed their time. Shareholders were informed on Wednesday that an unnamed partner at EY who led the 2023 and 2024 audits for the energy giant “had exceeded the period allowed under Securities and Exchange Commission (SEC) audit partner rotation rules”. EY informed Shell on Tuesday that its US opinions on Shell’s …