Auditor Changes Roundup: Q3 2023
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Understanding Auditor Changes in the Third Quarter of 2023
Hong Kong-based Ark Pro CPA & Co (formerly HKCM CPA & Co) was the leader in net SEC audit client gains in the third quarter of 2023. The firm gained five new clients during Q3, all previously audited by fellow Hong Kong firm Centurion ZD CPA & Co. According to Accounting Today, “In August 2023, Centurion was sanctioned for serious breaches of professional standards by Hong Kong’s audit regulator, the Accounting and Financial Reporting Council.” Moss Adams and Victor Mokuolu CPA followed closely, each gaining four new SEC clients during the quarter.
In this article, Audit Analytics takes a closer look at the SEC audit client gains in the third quarter of 2023.