other
confidence high
sentiment neutral
materiality 0.40
SusGlobal Energy Corp. replaces auditor MNP with M&K CPAS after MNP's resignation
SusGlobal Energy Corp.
- MNP LLP resigned as independent auditor effective Sept 23, 2022; Board accepted.
- No disagreements with MNP on accounting principles or practices.
- MNP's reports for FY2021 and FY2020 included a going-concern explanatory paragraph.
- Material weaknesses existed: segregation of duties, intangible asset and convertible note valuation, going-concern assessment.
- M&K CPAS, PLLC engaged as new independent registered public accounting firm effective Sept 23, 2022.