BAKER TILLY’S Hong Kong arm has resigned its audit of Asian Citrus Holdings Limited after an agreement could not be reached on the audit fee for the financial year ending 30 June 2016.
HLB Hodgson Impey Cheng has been appointed as the new auditor of Asian Citrus in order to fill the vacancy.
In a statement to market, Asian Citrus said Baker Tilly confirmed that there are no circumstances connected with its resignation as the auditor that should be brought to the attention of the members or creditors of the company. Its board further confirmed that Baker Tilly has not yet commenced any audit work on the financial statements of the company and its subsidiaries for the financial year ending 30 June 2016.
It was also confirmed there are no disagreements or outstanding matters between the Asian Citrus and Baker Tilly.
RSM has announced the appointment of a record 350 trainees across all locations in the UK – expanding the total headcount of the firm by 10%
The Middle East arm of Deloitte and Touche is being sued by a Dubai-based investment group after it failed to spot money laundering at a now defunct Lebanese bank
Smith & Williamson has named Grant Hotson as group finance director
Commissioning and preparing an asset valuation for financial reporting should involve a three way dialogue between the client, valuer & auditor