Falcon's Beyond Global Inc. Replaces Deloitte with KPMG as Independent Auditor Amid Going Concern Doubts

Reuters

05-24

Falcon's Beyond Global Inc. Replaces Deloitte with KPMG as Independent Auditor Amid Going Concern Doubts

Falcon's Beyond Global Inc. has announced a significant change in its accounting practices. On May 22, 2025, the company's Board of Directors' Audit Committee approved the dismissal of Deloitte & Touche LLP as its independent registered public accounting firm. This decision comes despite Deloitte & Touche providing unqualified audit reports for the fiscal years ending December 31, 2023, and 2024, with the exception of an explanatory paragraph regarding substantial doubts about the company's ability to continue as a going concern. Falcon's Beyond Global has now appointed KPMG LLP as its new independent registered public accounting firm, effective immediately, for the fiscal year ending December 31, 2025, and related interim periods. The company has also requested a formal letter from Deloitte & Touche to the SEC confirming their agreement with the company's statements about the dismissal.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Falcon's Beyond Global Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-047381), on May 23, 2025, and is solely responsible for the information contained therein.

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Replaces Deloitte with KPMG as Independent Auditor Amid Going Concern Doubts","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Falcon's Beyond Global Inc. Replaces Deloitte with KPMG as Independent Auditor Amid Going Concern Doubts\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Falcon's Beyond Global Inc. has announced a significant change in its accounting practices. On May 22, 2025, the company's Board of Directors' Audit Committee approved the dismissal of Deloitte &amp; Touche LLP as its independent registered public accounting firm. 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Replaces Deloitte with KPMG as Independent Auditor Amid Going Concern Doubts\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-05-24 04:32</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Falcon's Beyond Global Inc. Replaces Deloitte with KPMG as Independent Auditor Amid Going Concern Doubts\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Falcon's Beyond Global Inc. has announced a significant change in its accounting practices. On May 22, 2025, the company's Board of Directors' Audit Committee approved the dismissal of Deloitte &amp; Touche LLP as its independent registered public accounting firm. This decision comes despite Deloitte &amp; Touche providing unqualified audit reports for the fiscal years ending December 31, 2023, and 2024, with the exception of an explanatory paragraph regarding substantial doubts about the company's ability to continue as a going concern. Falcon's Beyond Global has now appointed KPMG LLP as its new independent registered public accounting firm, effective immediately, for the fiscal year ending December 31, 2025, and related interim periods. 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ID: 0001213900-25-047381), on May 23, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4123","symbol_name":"調查和諮詢服務","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250523:nNDL3F64Sh:1","article_id":"2537152655","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537152655","pubTimestamp":1748032362,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Falcon's Beyond Global Inc. has announced a significant change in its accounting practices. 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