Black Titan Flags Material Weaknesses in Internal Controls Over Financial Reporting

Reuters
Feb 20
Black Titan Flags Material Weaknesses in Internal Controls Over Financial Reporting

Black Titan Corporation disclosed material weaknesses in its internal control over financial reporting, citing insufficient accounting staff with U.S. GAAP and SEC reporting expertise and inadequate IT general controls. The company said these issues were a reportable event noted in connection with its auditor change from Enrome LLP to Guangdong Prouden CPAs GP.

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