* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, September 26, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    ‘Today’: Sheinelle Jones Thanks Katie Couric for Support After Husband’s Death – CBS 19 News

    Sheinelle Jones Expresses Heartfelt Thanks to Katie Couric for Support After Husband’s Passing

    Sate your hunger at DBA’s Taste of Downtown – Bakersfield.com

    Indulge Your Cravings at DBA’s Taste of Downtown!

    Caesars Entertainment (CZR): Assessing Valuation After Times Square Casino Setback and Mounting Investor Concerns – simplywall.st

    Caesars Entertainment Faces Times Square Casino Hurdles as Investor Concerns Mount

    Why Hilaria Baldwin Has Found the ‘DWTS’ Process ‘Embarrassing’ At Times – WFXG

    Hilaria Baldwin Opens Up About the Embarrassing Moments on Her ‘DWTS’ Journey

    Harvest Fest 2025 – yadkinripple.com

    Celebrate the Bounty: Harvest Fest 2025 is Coming!

    Fox News Entertainment Newsletter: Kate Middleton stuns during Trump state visit, Brett James dead at 57 – Fox News

    Kate Middleton Stuns During Trump State Visit; Remembering Brett James at 57

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Autonomous Solutions shows off cutting-edge technology for the public – Cache Valley Daily

    Autonomous Solutions Unveils Cutting-Edge Technology for the Public

    Amazon to Pay $2.5 Billion in Prime Membership Settlement – The New York Times

    Amazon to Pay $2.5 Billion in Prime Membership Settlement – The New York Times

    What are we really gaining from technology? – Fast Company

    What Are We Really Gaining from Technology?

    TOMI Environmental Solutions, Inc. Expands SteraMist iHP Technology Services in Healthcare Sector with New Provider Partnership – Quiver Quantitative

    TOMI Environmental Solutions Accelerates SteraMist iHP Technology Expansion in Healthcare with New Provider Partnership

    Indiana County Technology Center’s Joint Operating Committee looks to the future as program plans began to take shape – Indiana Gazette Online

    Indiana County Technology Center’s Joint Operating Committee Charts an Exciting Path Forward as New Program Plans Take Shape

    Meta to expand Montgomery data hub, pushing total investment to $1.5 billion – Alabama Department of Commerce

    Meta to Supercharge Montgomery Data Hub with $1.5 Billion Investment

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    ‘Today’: Sheinelle Jones Thanks Katie Couric for Support After Husband’s Death – CBS 19 News

    Sheinelle Jones Expresses Heartfelt Thanks to Katie Couric for Support After Husband’s Passing

    Sate your hunger at DBA’s Taste of Downtown – Bakersfield.com

    Indulge Your Cravings at DBA’s Taste of Downtown!

    Caesars Entertainment (CZR): Assessing Valuation After Times Square Casino Setback and Mounting Investor Concerns – simplywall.st

    Caesars Entertainment Faces Times Square Casino Hurdles as Investor Concerns Mount

    Why Hilaria Baldwin Has Found the ‘DWTS’ Process ‘Embarrassing’ At Times – WFXG

    Hilaria Baldwin Opens Up About the Embarrassing Moments on Her ‘DWTS’ Journey

    Harvest Fest 2025 – yadkinripple.com

    Celebrate the Bounty: Harvest Fest 2025 is Coming!

    Fox News Entertainment Newsletter: Kate Middleton stuns during Trump state visit, Brett James dead at 57 – Fox News

    Kate Middleton Stuns During Trump State Visit; Remembering Brett James at 57

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Autonomous Solutions shows off cutting-edge technology for the public – Cache Valley Daily

    Autonomous Solutions Unveils Cutting-Edge Technology for the Public

    Amazon to Pay $2.5 Billion in Prime Membership Settlement – The New York Times

    Amazon to Pay $2.5 Billion in Prime Membership Settlement – The New York Times

    What are we really gaining from technology? – Fast Company

    What Are We Really Gaining from Technology?

    TOMI Environmental Solutions, Inc. Expands SteraMist iHP Technology Services in Healthcare Sector with New Provider Partnership – Quiver Quantitative

    TOMI Environmental Solutions Accelerates SteraMist iHP Technology Expansion in Healthcare with New Provider Partnership

    Indiana County Technology Center’s Joint Operating Committee looks to the future as program plans began to take shape – Indiana Gazette Online

    Indiana County Technology Center’s Joint Operating Committee Charts an Exciting Path Forward as New Program Plans Take Shape

    Meta to expand Montgomery data hub, pushing total investment to $1.5 billion – Alabama Department of Commerce

    Meta to Supercharge Montgomery Data Hub with $1.5 Billion Investment

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

An accounting firm hired to vet Truth Social’s financials quit after less than a year because it no longer wanted to be linked to Trump: FT

April 16, 2024
in Business
An accounting firm hired to vet Truth Social’s financials quit after less than a year because it no longer wanted to be linked to Trump: FT
Share on FacebookShare on Twitter

The accounting firm that was first hired to audit former President Donald Trump’s social media company quit just months after it was appointed, the Financial Times reported on Monday.

WithumSmith+Brown was appointed to vet Trump Media & Technology Group’s financials soon after it was founded in early 2021. But the firm resigned before the end of 2021, the FT reported citing people familiar with the matter.

According to the FT’s sources, WithumSmith+Brown no longer wanted to be associated with Trump and his company after several months on the job.

The accounting firm declined to comment on why it had resigned when approached by the FT.

“Apparently, the Financial Times’ business model is to charge its subscribers $75 per month for the privilege of reading outdated stories touting irrelevant information,” Trump Media said in a statement to the FT.

In January 2022, Trump Media instead turned to a smaller accounting firm to conduct the audit, BF Borgers, which has less than stellar record with regulators. The Public Company Accounting Oversight Board said it identified multiple deficiencies in every audit it had reviewed from BF Borgers in the past two years, per Bloomberg.

Related story

BF Borgers was also removed from the American Institute of Certified Public Accountants’ peer review program in November “because the firm was found to be so seriously deficient in its performance that education and remedial, corrective actions are not adequate.”

Representatives for BF Borgers did not respond to FT’s request for comment.

The news surrounding Trump Media’s auditors come amidst a volatile time for the company’s stock price.

The company’s shares initially skyrocketed when it went public in March, only for prices to plunge just a week later. Trump Media’s shares had fallen again on Monday, per Axios.

That isn’t great for Trump, whose net worth is tied to his holdings in Trump Media. The former president’s net worth went up by more than $4 billion when the company’s shares rallied, only for him to be kicked off Forbes’ list of the world’s 500 wealthiest people when it went into freefall.

A sustained rally would have provided a much needed boost for Trump’s finances, considering his growing legal debts. Trump had a posted a $175 million bond on April 1 for his New York civil fraud case. He was originally supposed to pay a bond of $454 million before an appeal courts reduced the amount.

Trump is also on the hook for $83.3 million in defamation damages to E. Jean Carroll, a writer that a jury ruled last year he had sexually abused.

And on Monday, Trump appeared in a Manhattan court for his first criminal trial. Prosecutors have accused Trump of falsifying his business records in order to cover up a sex scandal with a porn star, Stormy Daniels.

Representatives for WithumSmith+Brown and Trump Media & Technology Group did not immediately respond to a request for comment from Business Insider sent outside regular business hours.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Business Insider – https://www.businessinsider.com/accounting-firm-ditched-truth-social-after-less-than-a-year-2024-4

Tags: Accountingbusinesshired
Previous Post

China’s GDP rose 5.3% in the first quarter, but it doesn’t mean the economic pain is over

Next Post

Jon Stewart marvels at how Trump has committed ‘so many crimes’ he got ‘bored’ at his own trial

Special congressional election sees 3% voter turnout in Nashville: Week in politics – The Tennessean

Nashville’s Special Congressional Election Draws Just 3% Voter Turnout

September 26, 2025
Ecological burns slated for Corvallis area this weekend – NPR for Oregonians

Ecological Burns Set for This Weekend to Revitalize Corvallis Habitats

September 26, 2025
Beijing International Week for Science Literacy Wraps Up with Focus on AI-Driven Communication – The Korea Herald

Beijing International Week for Science Literacy Wraps Up Highlighting AI-Powered Communication Innovations

September 26, 2025
Science & Society: September 2025 – Yale School of Public Health

Science & Society: September 2025 – Yale School of Public Health

September 26, 2025
New Mexico Prickly Pear Festival expands to two-day event – Albuquerque Journal

New Mexico Prickly Pear Festival Grows into Exciting Two-Day Celebration

September 26, 2025
Autonomous Solutions shows off cutting-edge technology for the public – Cache Valley Daily

Autonomous Solutions Unveils Cutting-Edge Technology for the Public

September 26, 2025
Iowa Sports Betting: Best IA Sportsbooks, Apps, and Promos – FOX Sports

Iowa Sports Betting: Best IA Sportsbooks, Apps, and Promos – FOX Sports

September 26, 2025
Botswana Minister outlines ‘Diamonds, Democracy, and Development’ vision at World Leaders Forum – Columbia Daily Spectator

Botswana Minister Unveils Inspiring Vision of Diamonds, Democracy, and Development at World Leaders Forum

September 26, 2025
US economy grows at fastest pace in nearly two years as spending roars back – New York Post

US Economy Surges at Fastest Rate in Nearly Two Years as Consumer Spending Booms

September 26, 2025
Best 9: Top events for the week ahead in Santa Cruz County arts & entertainment, Sept. 25-Oct. 2 – Lookout Santa Cruz

Discover the Top 9 Can’t-Miss Arts & Entertainment Events in Santa Cruz County This Week (Sept. 25-Oct. 2)

September 26, 2025

Categories

Archives

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (838)
  • Economy (858)
  • Entertainment (21,733)
  • General (17,255)
  • Health (9,901)
  • Lifestyle (871)
  • News (22,149)
  • People (860)
  • Politics (869)
  • Science (16,068)
  • Sports (21,358)
  • Technology (15,841)
  • World (841)

Recent News

Special congressional election sees 3% voter turnout in Nashville: Week in politics – The Tennessean

Nashville’s Special Congressional Election Draws Just 3% Voter Turnout

September 26, 2025
Ecological burns slated for Corvallis area this weekend – NPR for Oregonians

Ecological Burns Set for This Weekend to Revitalize Corvallis Habitats

September 26, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version