other material
confidence high
sentiment negative
materiality 0.85
DUO WORLD INC: auditor change — Duo World terminates auditor CNGSN after discovering lack of PCAOB registration; FY2023 audited statements not reliable.
DUO WORLD INC
- Previous auditor CNGSN & Associates LLP was not registered with PCAOB despite stating so in July 6, 2023 audit opinion.
- CNGSN terminated; new PCAOB-registered auditor M.N. Vijay Kumar engaged effective August 17, 2023.
- Audited financial statements for fiscal year ended March 31, 2023 (filed July 13, 2023) should no longer be relied upon.