AuditorNov 2, 2026, 07:41 AM

PLDT Inc. Auditor Resigns Due to Independence Issues; New Auditor Appointed

AI Summary

PLDT Inc. announced the resignation of its independent registered public accounting firm, SyCip Gorres Velayo & Co. (SGV), due to independence issues. SGV's resignation is effective November 2, 2026. The company has appointed Isla Lipana & Co./PwC Philippines as its auditor for PFRS financial statements and is in the process of selecting a new auditor for IFRS statements. This follows previous disclosures regarding withdrawn audit opinions and material weaknesses in internal controls.

Key Highlights

SyCip Gorres Velayo & Co. (SGV) resigned as PLDT Inc.'s independent auditor due to independence concerns.
SGV's resignation follows prior withdrawal of audit opinions for fiscal years 2024 and 2025.
PLDT Inc. appointed Isla Lipana & Co./PwC Philippines as auditor for PFRS financial statements.
The company is seeking a new auditor for IFRS financial statements and internal control reporting.

View SEC Filing

PHI

Telecommunications Equipment

PLDT Inc.

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