PLDT Auditor SGV Resigns Over Lack of Independence

By Public Technologies
  • PLDT’s auditor, SyCip Gorres Velayo (SGV), notified PLDT of its resignation as independent registered public accounting firm on October 31, 2026.
  • SGV cited a lack of independence when issuing opinions on IFRS financial statements for the year ended December 31, 2025.
  • The independence issue also covered its opinion on internal control over financial reporting; both opinions appeared in PLDT’s April 27, 2026, filing.
  • PLDT appointed Isla Lipana/PwC Philippines effective November 2, 2026, to audit its financial statements prepared under Philippine Financial Reporting Standards.


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