BusinessCompany NewsAIM rocked by wave of suspensions

AIM rocked by wave of suspensions

The Alternative Investment Market  hit by a wave of suspensions and audit qualifications after a number of companies missed accounts deadlines and fell out with auditors

Last week, education group EuropAsia Education was suspended for missing its
accounts deadline while changing auditors. Human resources business OneClickHR
was also suspended for not filing accounts on time, as were sports marketing
company Parallel Media Group and building materials group Dimension Resources.

Controversial oil company Regal Petroleum received an audit qualification
from its second set of auditors, UHY Hacker Young, while sports betting group
Betex warned that it expected PKF to qualify its accounts.

These events come amid growing expectations that the London Stock Exchange’s
junior market is preparing to introduce stricter rules for nominated advisers –
the regulators of the market – to protect investors.

Related Articles

BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

3m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

7m Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

7m Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

10m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

10m Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

10m Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

10m Emma Smith, Managing Editor
Mazars strengthens audit team with partner appointment

Accounting Firms Mazars strengthens audit team with partner appointment

10m Emma Smith, Managing Editor