other material
confidence high
sentiment neutral
materiality 0.65
Jubilant Flame International, Ltd (JFIL): auditor change — Jubilant Flame replaces auditor KCCW with WWC; prior reports cited going concern and material weaknesses
Jubilant Flame International, Ltd
- KCCW Accountancy Corp resigned as independent auditor on April 10, 2026; WWC Professional Corporation engaged same day.
- KCCW's reports for FY2025 and FY2024 were unmodified except for a going-concern explanatory paragraph.
- Material weaknesses noted: lack of reconciliation of accounts and insufficient precision/accuracy in financial statements.
- No disagreements on accounting principles or audit scope during the two most recent fiscal years.
- A letter from KCCW regarding the change is filed as Exhibit 16.1.