Pemex identifies “significant weaknesses” in internal controls
Pemex reported to the SEC that it identified “material weaknesses” in its internal controls over financial reporting.
Petróleos Mexicanos (Pemex), informed the U.S. Security Exchange Commission (SEC) that it identified material weaknesses in its internal controls over financial reporting for six of the last eight years.
In the annual report, the state-owned production company reported that management identified material weaknesses in internal control over financial reporting in connection with the preparation of the consolidated financial statements.
The current management assures that the lack of controls was identified in the years 2015, 2016, 2017, 2018, 2020 and 2021.
Pemex identifies “significant weaknesses” in internal controls
