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DigitalOcean dismissed Ernst & Young, hired PwC as certifying accountant
The Fly

DigitalOcean dismissed Ernst & Young, hired PwC as certifying accountant

In a regulatory filing, DigitalOcean disclosed: "On March 27, 2023, the Board of Directors of DigitalOcean Holdings, upon the recommendation of the Audit Committee of the Board, dismissed Ernst & Young LLP, or ‘EY,’ as the company’s independent registered public accounting firm, effective immediately. The dismissal was not related to any disagreements with EY on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure. The audit reports of EY on the consolidated financial statements of the company as of and for each of the two most recent fiscal years ended December 31, 2022 and December 31, 2021 did not contain an adverse opinion or a disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope, or accounting principles. During the company’s two most recent fiscal years ended December 31, 2022 and December 31, 2021 and the subsequent interim period through March 27, 2023, there were no disagreements with EY on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedures that, if not resolved to EY’s satisfaction, would have caused EY to make reference to the subject matter of the disagreement in connection with its reports, and no ‘reportable events’ as defined in Item 304(a)(1)(v) of Regulation S-K of the Securities and Exchange Commission… On March 27, 2023, the Board, upon the recommendation of the Audit Committee, approved the appointment of PricewaterhouseCoopers LLP, or ‘PwC,’ as the company’s new independent registered public accounting firm for the fiscal year ending December 31, 2023, effective immediately, subject to execution of an engagement letter. During the Company’s two most recent fiscal years ended December 31, 2022 and December 31, 2021 and the subsequent interim period through March 27, 2023, neither the company nor anyone acting on its behalf consulted with PwC regarding any of the matters described in Items 304(a)(2)(i) and (ii) of Regulation S-K."

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