other
confidence high
sentiment neutral
materiality 0.20
MercadoLibre formalizes auditor change: EY replaces Deloitte for FY2022
MERCADOLIBRE INC
- Audit Committee selected EY on Nov 2, 2021; engagement letter signed Dec 20, 2021.
- Deloitte completed FY2021 audit on Feb 23, 2022; dismissal effective that date.
- No disagreements with Deloitte on accounting principles or audit scope.
- No consultations with EY on accounting treatments before appointment.
- Prior material weaknesses in internal controls over financial reporting were previously disclosed.