Administrative Action Against the Accounting Auditor and Review of Audit Quality
First written in FY2023. 1 of 2 entries say "Materialised", first in FY2023. Latest entry: FY2024-Q1.
Cookbiz moved to the "Worse" side of this theme in 2024, the same year as the typical company in this theme.
The whole theme swung hardest in 2024: 17 of 54 companies on the "Worse" side.
20 other companies' latest entry also says "Restated".
- FY2024-Q1RestatedAnnual report
「Pursuant to Article 193-2, Paragraph 1 of the Financial Instruments and Exchange Act, the company has received a quarterly review from 太陽有限責任監査法人 of its quarterly consolidated financial statements for the first quarter accounting period (from 1 December 2023 through 29 February 2024) and the cumulative first-quarter period (from 1 December 2023 through 29 February 2024).」
The disclosure states that the company continues to receive a quarterly review from 太陽有限責任監査法人, against which an administrative sanction was disclosed in the previous period. - FY2023MaterialisedAnnual report
「太陽有限責任監査法人 received an administrative business suspension order from the Financial Services Agency dated 26 December 2023. The details are as follows. Suspension of services relating to the execution of new contracts: 3 months (from 1 January 2024 through 31 March of the same year)」
The company disclosed the Financial Services Agency's 3-month business suspension order against its accounting auditor, 太陽有限責任監査法人, and indicated a policy of monitoring the audit firm's improvement plan, audit quality and governance improvements.