other material
confidence high
sentiment negative
materiality 0.60
Madison Technologies Inc. (MDEX): auditor change — Madison Technologies dismisses auditor BF Borgers after SEC ban; appoints SRCO
Madison Technologies Inc.
- Dismissed BF Borgers CPA, PC effective May 20, 2024, after SEC settled charges and permanently banned Borgers from practicing.
- No disagreements or reportable events in financial years 2022, 2023 or subsequent interim period.
- Engaged SRCO Professional Corporation as new independent auditor on May 21, 2024, approved by audit committee.
- No prior consultation with SRCO on accounting principles or audit opinions.