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Shell’s $66 Million Audit Fiasco, a Flaming Gas Rig, and That Time They Lied About Oil Reserves: Business as Usual
Summary by Royal Dutch Shell Plc .Com
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Shell’s $66 Million Audit Fiasco, a Flaming Gas Rig, and That Time They Lied About Oil Reserves: Business as Usual
Let’s give a warm, fiery round of applause to Shell plc—the undisputed heavyweight champion of corporate facepalms. This week’s episode in the long-running series What the Actual Fuck, Shell? features the oil Goliath filing amended financial reports in the US, after its beloved auditor EY—yes, the Ernst & Young you know and regret—forgot the actual rules of auditing. Apparently, the lead audit partner overstayed their welcome on Shell’s books, b…
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