Newsfile Corp
12 Jun 2026, 20:30 UTC · 2h ago
NorthStar Announces Change of Auditor
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Newsfile Corp
12 Jun 2026, 20:30 UTC · 2h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
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KPMG LLP has resigned as NorthStar Gaming's auditor and stated it can no longer rely on its previously issued reports. — An auditor resigning and disclaiming previous reports is a major red flag indicating potential financial misstatements or systemic failures.
-0.90The resignation involves a 'reportable event' regarding unresolved issues with the company's systems and controls. — Issues with internal controls suggest fundamental operational risks and a lack of transparency in financial reporting.
-0.70NorthStar Gaming has not yet appointed a successor auditor, though discussions are ongoing. — The lack of an immediate replacement creates a period of regulatory uncertainty and potential compliance risks.
-0.30Which stocks this story touches
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The company's auditor resigned due to an unresolved issue regarding requests for additional information and audit evidence, leading to a loss of reliance on previously issued reports.
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