Board of Directors of Freedom Holding Corp. approves Deloitte as the holding's auditor

19.10.22 17:47
/KASE, October 19, 2022/ – Freedom Holding Corp. (USA), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the following: quote Board of Directors of Freedom Holding Corp. decided to approve the independent auditing company Deloitte as the Group's auditor to conduct an annual audit of the holding's financial statements in accordance with US generally accepted accounting principles (US GAAP). Previously, Deloitte audited only the holding's subsidiaries in Kazakhstan, guided by International Financial Reporting Standards (IFRS) and International Auditing Standards (IAS). Since the inception of Freedom Holding Corp. the independent auditor for it was the American company WSRP, LLC, which carried out the audit in accordance with the standards of the Public Company Accounting Oversight Board (PCAOB) and the requirements of the US Securities and Exchange Commission (SEC). The transition to cooperation with the international audit company Deloitte was caused by the requirements of the global market and the expansion of the holding's activities. unquote This information is available (in Kazakh and Russian) on – [2022-10-19]