Business Context and Reporting Period
This Form 6-K filing by Intercorp Financial Services Inc. (IFS) reports a material event dated June 2, 2020. The filing concerns the appointment of external auditors for the 2020 fiscal year.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a notification of a corporate governance event rather than a financial results report.
Material Changes
The primary material change is the appointment of Paredes, Burga & Asociados S. Civil de R. L., a firm member of Ernst & Young (EY), as the new External Auditors for IFS and its subsidiaries. This appointment was unanimously approved by the Audit Committee on June 2, 2020, and is effective immediately.
Guidance, Outlook, and Risks
- Audit Commencement: The start date for the audit work is June 3, 2020.
- Independence: The filing confirms that EY meets the independence criteria under the rules of the U.S. Securities and Exchange Commission and the Public Company Accounting Oversight Board.
- Legal Disclaimer: The information in this Form 6-K is not deemed "filed" for purposes of Section 18 of the Exchange Act and is not subject to the liabilities of that section.
Investor Verification Points
- Confirm the transition timeline between the previous auditor and the newly appointed EY firm.
- Verify if this auditor change impacts the timing of the 2020 fiscal year financial statement release.
- Review the full engagement letter or related exhibits (if available) for specific scope details of the 2020 audit.