General Motors Company announced that its Audi Committee approved and its Board of Directors unanimously ratified the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2018.
“The action reflects the company’s and the GM Board of Directors’ commitment to strong corporate governance, by introducing a fresh perspective”, stated a press release from the automaker.
Deloitte & Touche LLP will continue in its capacity through the completion of its audit services for the fiscal year ending December 31, 2017 as well as the filing of GM’s 2017 Annual Report on Form 10-K.
GM states that it made the decision following an extensive and competitive review involving a number of accounting firms, and that the switch from Deloitte to Ernst & Young was not the result of any accounting or auditing disagreements with Deloitte & Touche.
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