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Intloop (9556) · RiskFirst stated

Administrative action against the accounting auditor and audit quality

First written in FY2024. . Latest entry: FY2024.

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Financial Services Agency Administrative Action Against Audit Firm and Its Impact on Audit Quality and Continuation of the Audit EngagementA theme 87 companies write about · 79 as a headwind · 0 as a tailwind

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  1. FY2024First statedAnnual report

    「Taiyo LLC received an administrative action from the Financial Services Agency dated 26 December 2023, as outlined below.」

    The company first disclosed that the audit firm had been subject to a 3-month suspension from entering into new engagements, a business-improvement order and other sanctions by the Financial Services Agency. The company nevertheless stated that, based on the audit and supervisory committee’s evaluation, the auditor was able to perform the audit appropriately.
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Administrative action against the accounting auditor and audit quality | INTLOOP Inc. (9556) | Komori