Supa Consolidated dismisses Lao Professionals, taps Simon & Edward as new auditor
Bitget2026/10/13 19:21- Supa Consolidated dismissed auditor Lao Professionals effective Oct. 7, 2026, shifting to a U.S.-based firm for closer access.
- Simon & Edward, a PCAOB-registered firm, was engaged to audit 2026 financial statements.
- Prior audit opinions were not adverse or disclaimed, but included a going-concern paragraph.
- No reported accounting or auditing disputes with Lao through the dismissal date.
- Internal-control material weaknesses were cited, including weak segregation of duties, governance oversight gaps, and limited control documentation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Tesla (TSLA.US) drops over 10% in a week, but ARK keeps buying! Cathie Wood: This is the moment we've been waiting for
Despite the recent volatility in Tesla's stock price, ARK Invest founder Cathie Wood, known as the "Goddess of Wall Street," remains optimistic about the company.
U.S. stock futures fluctuate by $650 billions due to news related to Jensen Huang
Nikkei Average Index gains expand to 2.78%
Surprise! Japan intervened in the forex market three times this summer, selling a record 154 trillion yen in three days
Japan has confirmed that it intervened in the foreign exchange market three times this summer, buying yen to support the exchange rate, corroborating earlier market reports. This included the first joint intervention with the United States to support the yen in nearly thirty years.
Crypto prices
More
