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AlwaysFree: Russia's Evraz Says Auditor EY Terminates Services

Author: SSESSMENTS

According to Reuters article published on November 9, 2022, Russia's Evraz (EVRE.L) said on Wednesday its auditor Ernst & Young has terminated services due to the sanctions imposed on the steel maker following the Russia-Ukraine conflict, highlighting the plight of Russian firms in finding auditors.

Evraz also said it has been unable to find a UK audit firm or a UK auditor willing to replace Ernst & Young.

Britain sanctioned Evraz in May in response to Russia's invasion of Ukraine.

Tags: All Products,AlwaysFree,English,Russia and CIS,Ukraine,United Kingdom

Published on November 10, 2022 5:06 PM (GMT+8)
Last Updated on November 10, 2022 5:06 PM (GMT+8)