VEON Group Appoints UHY LLP for Upcoming Audit
VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a prominent player in the global digital landscape, has exciting news for stakeholders. In a recent announcement, the VEON Board of Directors has re-appointed UHY LLP as the independent registered public accounting firm responsible for auditing the Group's consolidated financial statements for the year ending December 31, 2024. This decision solidifies a partnership grounded in transparency and financial integrity, adhering to the rigorous standards set by the Public Company Accounting Oversight Board.
The Role of UHY LLP
UHY LLP is distinguished as an independent member of UHY International, a renowned network of accounting and consulting firms. Founded in 1986 and having its headquarters in London, UHY International boasts a presence in over 330 major business centers across 96 countries. With such a vast operational reach, UHY is recognized as the 19th largest international audit, accounting, tax, and consultancy network globally. Their extensive experience encompasses collaboration with publicly listed corporations, medium-sized enterprises, privately-owned businesses, and not-for-profit organizations.
Why UHY LLP?
The selection of UHY LLP as VEON's auditors is more than a procedural step; it showcases a commitment to professional excellence and compliance. Their global network ability allows VEON to leverage insights and expertise that are invaluable in navigating the complexities of financial reporting in a rapidly evolving digital economy.
Understanding VEON's Operations
VEON operates as a digital operator, delivering converged connectivity and innovative digital services to nearly 160 million customers. With activities spanning six nations, which account for more than 7% of the global population, VEON is not only redefining how technology integrates into daily lives but also driving significant economic advancements. Their multifaceted services empower individuals and foster growth, making them a key player in modern telecommunications.
VEON's Vision
VEON’s mission extends beyond just connectivity. The Group aims to transform lives through technology-driven solutions, ensuring that their services contribute positively to individuals and communities alike. By bridging connections and enhancing access to technology, VEON takes pride in being a catalyst for social and economic development.
Contacting VEON
For further information regarding this appointment or other inquiries, VEON encourages communication through their Group Director of Communications & Strategy. Hande Asik can be reached via their official email, providing another layer of accessibility for interested parties looking to engage with VEON.
Future Expectations
As VEON prepares for the audit with UHY LLP, stakeholders can look forward to continued transparency and a commitment to best practices in financial reporting. This partnership is set against the backdrop of an ever-evolving digital landscape, ensuring that VEON remains aligned with its strategic objectives and operational standards.
Frequently Asked Questions
What does UHY LLP's appointment mean for VEON?
The appointment signifies VEON's commitment to transparent and accountable financial reporting, ensuring compliance with PCAOB standards.
How long has UHY LLP been in operation?
UHY LLP has been in operation since 1986, growing into a well-respected network with a presence across 330 business centers worldwide.
What services does VEON offer?
VEON offers converged connectivity and digital services, transforming lives and driving economic growth for nearly 160 million customers across six countries.
How does VEON contribute to economic growth?
By empowering individuals through technology-driven services, VEON plays a pivotal role in fostering economic advancements in the communities it serves.
Who can I contact for more information about VEON?
For inquiries, please contact Hande Asik, the Group Director of Communications & Strategy, through their official email.
