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Trump Media employs new auditor following accusations against their prior accounting firm of "massive fraud".

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May 6, 2024

However, at that time BF Borgers was serving as Trump Media’s auditor. Furthermore, on Friday the SEC stated that reports filed by companies which used BF Borgers “do not necessarily need to be modified solely because” of its cease-and-desist order. “However, issuers should consider whether their filings may need to be amended as a result of any reporting deficiencies resulting from the BF Borgers engagement,” according to the SEC. Trump Media stated in their SEC filing Monday that neither audit report issued by BF Borgers contained an adverse opinion or disclaimer of opinion and were unqualified as regards audit scope or accounting principles – stay tuned for updates!

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