3:48 16 January 2025
Record fines for Deloitte in Poland
The Polish Audit Supervision Agency (PANA) has imposed record penalties totaling nearly PLN 17.7 million on Deloitte Audyt sp. z o.o. sp.k., citing irregularities in audits of financial statements from 2017, 2018, and 2020. The fines—PLN 12.57 million and PLN 5.09 million—reflect violations in quality control, professional skepticism, and regulatory compliance.
The penalties, finalized after mediation requested by Deloitte, mark the largest in Poland’s auditing history. Deloitte has stated it disagrees with some of the findings but has addressed PANA’s recommendations to ensure compliance moving forward.
The regulator has also scrutinized Deloitte’s role in auditing GetBack’s financial statements prior to the company’s collapse.
Despite the fines, Deloitte remains financially stable, reporting PLN 10.2 million in net profit for 2023. However, a separate three-year ban on auditing financial statements, under appeal, may further challenge the firm’s position in Poland.
Source: pb.pl
