The auditor for fintech giant Revolut has said it was unable to independently verify three-quarters of the revenue in the company’s 2021 accounts.
BDO warned some information may be “materially misstated” and said it could not provide assurance over £477 million of the firm’s revenue, adding that its “IT systems weren’t designed in such a way that would allow for IT or business process controls to be effectively tested throughout the year.”
