FLC is slow to submit financial statements because it ‘has not found an auditor’
The late submission of financial statements, leading to the stock being placed in the restricted trading area, according to FLC, is due to the fact that an audit unit has not been found.
According to the dispatch just sent to the Securities Commission and the Ho Chi Minh City Stock Exchange, FLC said that it has not been able to submit and publish the audited financial statements for 2021 in accordance with regulations because it has not found a suitable auditor. .
“Currently, FLC is still urgently looking for a new auditor on the list of those approved by the Securities and Exchange Commission to audit the financial statements in 2021,” the company said.
FLC Group initially selected Dat Viet Auditing – Consulting Co., Ltd. to audit the financial statements for 2021. However, on March 30, this unit was suspended from the Securities Commission’s status as an audited entity. accounting for entities in the public interest.
On May 25th, 3 stocks “FLC group” including FLCROS, HAI were taken from “controlling” to “restricted trading” from June 1 because the audited financial statements for 2021 have not been submitted for more than 45 days. Accordingly, these codes can only be traded on afternoon session according to the method of order matching and agreement.
Yesterday, the Securities and Exchange Commission also suspended the status of an auditing company with Hanoi Accounting and Auditing Company Limited (CPA Hanoi) from May 19 to December 31. This is the auditor of the consolidated financial statements and the parent company of General Bach Hoa Joint Stock Company – a member unit. Tan Hoang Minh, owned through Phu Thanh Construction Investment Joint Stock Company. Phu Thanh is the only major shareholder, holding more than 96% of capital in General Bach Hoa.
According to the Securities and Exchange Commission, last year’s financial statements of General Bach Hoa were unsatisfactory. This is because the audit firm has not performed adequate procedures and has not obtained sufficient appropriate audit evidence to express an unmodified opinion on the consolidated and separate financial statements for the year 2021. Bach Hoa is required to re-audit the financial statements for 2021 in accordance with regulations.
According to the Ministry of Finance, some units gave opinions not in accordance with auditing standards, affecting the decisions of users of information on financial statements. Therefore, in the past time, this agency has requested to review the audit activities.
Mr. Tu
at Blogtuan.info – Source: vnexpress.net – Read the original article here
