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, breaking SEC rotation rules two years in a row. But don’t worry! No financials were changed. Which is great, because if there’s one thing more reliable than Shell’s gas leaks, it’s their ability to break the rules without breaking a sweat.