regulatory
confidence medium
sentiment negative
materiality 0.65
Sparta Commercial: SEC suspends former auditor Boyle; new auditor to re-audit FY2022
SPARTA COMMERCIAL SERVICES, INC.
- SEC suspended former auditor Boyle CPA, LLC on July 7, 2023 from appearing or practicing before the Commission.
- The company had dismissed Boyle effective Dec 5, 2022 (board ratified Dec 29, 2022) and engaged Victor Mokuolu, CPA PLLC as new auditor on Dec 5, 2022.
- New auditor VMCPA will re-audit the fiscal year ended April 30, 2022.
- The re-audit covers the year ended April 30, 2022, with no financial statements of businesses acquired or pro forma information provided.