CPAB

CPAB publishes 2023 annual report

Retrieved on: 
Tuesday, April 2, 2024
Resource, Annual report, CPAB, Climate, Publishing, Publication, Fraud, Audit

TORONTO, April 2, 2024 /CNW/ - The Canadian Public Accountability Board (CPAB), Canada's public company audit regulator, today released its 2023 annual report .

Key Points: 
  • TORONTO, April 2, 2024 /CNW/ - The Canadian Public Accountability Board (CPAB), Canada's public company audit regulator, today released its 2023 annual report .
  • The report covers CPAB's 2023 regulatory assessments and provides updates on strategic initiatives.
  • In 2023, CPAB began publishing significant enforcement actions imposed as a consequence of inspection findings.
  • CPAB also conducted a public follow-up consultation on rule changes related to mandatory sharing of inspection reports with audit committees and publishing individual firm inspection reports.

DeFi Technologies Inc. Announces 2023 Financial Results: Revenues Exceed C$10.4 Million, Notable Strategic Developments and Restatement of Fiscal 2022 Financial Results

Retrieved on: 
Tuesday, April 2, 2024
XRP, ETP, NEO, Financial management, Genesis, Growth, Projection, Consultation, ICP, The Company, Acquisition, CPAB, Yoy, Investment, AUM, IP, OTC, Ecosystem, USD, Fiscal, Cryptocurrency

Total revenues were $10.4 million for the twelve months ended December 31, 2023 ("Fiscal 2023").

Key Points: 
  • Total revenues were $10.4 million for the twelve months ended December 31, 2023 ("Fiscal 2023").
  • A significant improvement from the revenues of $(14.2) million for the twelve months ended December 31, 2022 ("Fiscal 2022").
  • Operating, general, and administration costs for Fiscal 2023 was $10 million, down from $14.7 million in Fiscal 2022.
  • "We are pleased to have completed the audit for Fiscal 2023 and the restatement of the Fiscal 2022 statement of the Company," said Ryan Ptolemy, Chief Financial Officer of the Company.

Modern Mobility Aids, Inc. Appoints Olayinka Oyebola & Co. as New Auditor

Retrieved on: 
Wednesday, January 10, 2024
CPAB, Pink sheet, MDRM, OTCQB, OTC, PCAOB, Audit

BRAMPTON, ON, Jan. 10, 2024 /PRNewswire/ -- Modern Mobility Aids, Inc. (OTC PINK: MDRM) (the "Company"), an innovative telehealth company, proudly announces the selection of Olayinka Oyebola& Co. as its new auditor responsible for overseeing and managing the Company's financial filings.

Key Points: 
  • BRAMPTON, ON, Jan. 10, 2024 /PRNewswire/ -- Modern Mobility Aids, Inc. (OTC PINK: MDRM) (the "Company"), an innovative telehealth company, proudly announces the selection of Olayinka Oyebola& Co. as its new auditor responsible for overseeing and managing the Company's financial filings.
  • Established in 2003, Olayinka Oyebola & Co. is a registered member of the Public Company Accounting Oversight  Board  (PCAOB) USA and  the  Canadian  Public  Accountability  Board  (CPAB)  Canada.
  • Its registrations with PCAOB and CPAB enable the auditing company to conduct statutory audits and issue reports for companies listed on the New York Stock Exchange, OTC, and the Canadian Securities Exchange.
  • CEO Tito DiMarco expressed, "As we prioritize transparency and accountability in our financial procedures, the addition of Olayinka Oyebola& Co. adds a valuable asset to our team.

Intellabridge Technology Provides Company Update, Announces Filing of Corrective Disclosure Pursuant to OSC Review and Postponement of Annual General Meeting

Retrieved on: 
Wednesday, October 4, 2023
Partnership, Ontario Securities Commission, Aptos, California, CPAB, Bank statement, Notice, CSE, AGM, FSE, Zoom, KASH, OSC, Organic, Cryptocurrency, Audit

Intellabridge uses Apto's advanced issuance solution and payment processing system to offer best-in-class security features, and seamless payment integrations.

Key Points: 
  • Intellabridge uses Apto's advanced issuance solution and payment processing system to offer best-in-class security features, and seamless payment integrations.
  • "We believe that our combined strengths will provide customers with an unmatched cashback and donation solution that is easy to use and rewarding," said John Eagleton, Intellabridge CEO.
  • The Company also announces that Intellabridge's audited annual financial statements for the year ended December 31, 2021 were selected by the Canada Public Accountability Board ("CPAB") for an inspection.
  • Each of the Restated Annual Financial Reports replace and supersede the respective previously filed original financial statements and corresponding management's discussion and analysis.

NetCents Technology Updates Stakeholders on Ongoing Advancements to its Accounting Processes

Retrieved on: 
Friday, July 28, 2023
Optimism, CSE, BCSC, Face, Bank statement, Canadian Public Accountability Board, Perception, CAD, FSE, British Columbia Securities Commission, Element, USD, CPAB, Visa, Documentation, NetCenter, OTC, Mastercard, Growth, Cryptocurrency, Audit, Retail

Vancouver, British Columbia--(Newsfile Corp. - July 28, 2023) - NetCents Technology Inc. (CSE: NC) (FSE: 26N) (OTC: NTTCF) ("NetCents" or the "Company"), a cryptocurrency payments company, is pleased to provide updates on the ongoing progress in its accounting and auditing processes.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - July 28, 2023) - NetCents Technology Inc. (CSE: NC) (FSE: 26N) (OTC: NTTCF) ("NetCents" or the "Company"), a cryptocurrency payments company, is pleased to provide updates on the ongoing progress in its accounting and auditing processes.
  • The Canadian Public Accountability Board (CPAB) also has contacted the Company's auditors to review their processes and methods.
  • Rest assured, the NetCents accounting team has painstakingly arranged all necessary paperwork to ensure a smooth auditing process.
  • With these updates and changes, NetCents remains committed to integrating our innovative business model with traditional accounting standards.

Azure Power announces changes in Board of Directors

Retrieved on: 
Friday, June 16, 2023
Azure Power, BDO Global, Canadian Public Accountability Board, Audit, Chartered, Risk management, Government, Accounting, EDC, CPAB, Certification, Local government in Canada, Growth, FCPA, Azure, Export Development Canada, NYSE, Commerce, Canadian Chamber of Commerce in Shanghai, Management, Nursing, Manulife

NEW DELHI, June 16, 2023 /PRNewswire/ -- Azure Power Global Limited (the "Company" or "Azure") (NYSE: AZRE), an independent sustainable energy solutions provider and renewable power producer in India, today announced two changes to its Board of Directors.

Key Points: 
  • NEW DELHI, June 16, 2023 /PRNewswire/ -- Azure Power Global Limited (the "Company" or "Azure") (NYSE: AZRE), an independent sustainable energy solutions provider and renewable power producer in India, today announced two changes to its Board of Directors.
  • Mr. Richard Payette, FCPA, GCB.D, will join the Board as an Independent non-executive Director on the Company's Board effective July 1, 2023.
  • Mr. Payette will take over as Chair of the Audit & Risk Committee and will also join the Board of Azure Power India Private Limited, a subsidiary of the Company.
  • Speaking on these board changes, Alan Rosling, Chairman of the Board, said, "Christine's resignation is a sad moment for all of us on the Board.

Azure Power announces changes in Board of Directors

Retrieved on: 
Friday, June 16, 2023
Azure Power, BDO Global, Canadian Public Accountability Board, Audit, Chartered, Risk management, Government, Accounting, EDC, CPAB, Certification, Local government in Canada, Growth, FCPA, Azure, Export Development Canada, NYSE, Commerce, Canadian Chamber of Commerce in Shanghai, Management, Nursing, Manulife

NEW DELHI, June 16, 2023 /PRNewswire/ -- Azure Power Global Limited (the "Company" or "Azure") (NYSE: AZRE), an independent sustainable energy solutions provider and renewable power producer in India, today announced two changes to its Board of Directors.

Key Points: 
  • NEW DELHI, June 16, 2023 /PRNewswire/ -- Azure Power Global Limited (the "Company" or "Azure") (NYSE: AZRE), an independent sustainable energy solutions provider and renewable power producer in India, today announced two changes to its Board of Directors.
  • Mr. Richard Payette, FCPA, GCB.D, will join the Board as an Independent non-executive Director on the Company's Board effective July 1, 2023.
  • Mr. Payette will take over as Chair of the Audit & Risk Committee and will also join the Board of Azure Power India Private Limited, a subsidiary of the Company.
  • Speaking on these board changes, Alan Rosling, Chairman of the Board, said, "Christine's resignation is a sad moment for all of us on the Board.

Canadian Public Accountability Board Publishes 2022 Annual Report

Retrieved on: 
Monday, April 3, 2023
Interest, CPAB, Canadian Public Accountability Board, Fraud, Annual report, Claude Paradin, Culture, Audit, Management

Audit regulator reports on its 2022 inspection, enforcement and other activities

Key Points: 
  • Audit regulator reports on its 2022 inspection, enforcement and other activities
    TORONTO, April 3, 2023 /CNW/ - In its 2022 annual report, published today, the Canadian Public Accountability Board (CPAB) provides an update on its strategic initiatives and insights into its regulatory oversight of audit firms that audit Canadian reporting issuers.
  • CPAB conducts inspections of all audit firms that audit Canadian reporting issuers.
  • Eleven firms audit more than 100 Canadian reporting issuers a year and represent 91% of all audits conducted in Canada.
  • In 2022, CPAB published recommendations on intended changes to the information it will disclose about the results of its oversight of participating firms that audit Canadian reporting issuers.

OSC contacts audit firms for information about internal policies and procedures

Retrieved on: 
Friday, September 23, 2022
OSC, CPAB, Person, Compliance, Ethics, Canadian Public Accountability Board, Review, Ontario Securities Commission, Mission statement, Audit

As a result of ethical violations identified by regulators in Canada and other jurisdictions, the OSC will request specific information about audit firms' internal policies and procedures.

Key Points: 
  • As a result of ethical violations identified by regulators in Canada and other jurisdictions, the OSC will request specific information about audit firms' internal policies and procedures.
  • The scope of this review does not presently include individual audits of reporting issuer financial statements previously filed with the OSC.
  • Among other things, the OSC will seek information about firm policies related to compliance with relevant ethical requirements and the operation of internal whistleblower programs.
  • The OSC will also request details about firm procedures with respect to the dating of audit work performed and the implementation of internal training courses.

HITRUST External Assessor Council Names Frazier & Deeter as Member for a Second Term

Retrieved on: 
Friday, July 8, 2022
PCAOB, Assessor, HITRUST, CPAB, AICPA, FD, National, Certification, Privacy, Organization, Best, Fortune Global 500, Fortune, Woman, Medical device, Leadership

ATLANTA, July 8, 2022 /PRNewswire-PRWeb/ -- Frazier & Deeter ("FD"), one of the nation's Top 50 accounting & advisory firms, has been named to the 2022 HITRUST External Assessor Council, marking the firm's second nomination for a two-year term. The council is comprised of 13 firms representing a broad range of experience in information security and privacy. These members' experienced opinions and wide range of expertise offer valuable insight into the success of their respective industries and companies.

Key Points: 
  • The External Assessor Council provides a means for assessors to provide feedback directly to HITRUST to help influence programs and processes.
  • ATLANTA, July 8, 2022 /PRNewswire-PRWeb/ -- Frazier & Deeter ("FD"), one of the nation's Top 50 accounting & advisory firms, has been named to the 2022 HITRUST External Assessor Council, marking the firm's second nomination for a two-year term.
  • FD's National HITRUST Practice Leader, Andrew Hicks, has been an active member of the HITRUST External Assessor Council for numerous years.
  • The firm is a HITRUST Assessor and also a member of the HITRUST TPRM Council.