LONDON - Braveheart Investment Group plc (AIM: LON:BRH) has announced the appointment of MAH, Chartered Accountants as its new auditor, replacing PKF Littlejohn LLP. The change was made public on Wednesday, with MAH set to oversee the audit for the fiscal year ending March 31, 2025. The decision to appoint MAH will be presented for shareholder approval at Braveheart's 2025 Annual General Meeting.
The transition comes after PKF Littlejohn LLP resigned from its auditing role for the investment company. PKF has stated that there are no significant matters related to its resignation that should be brought to the attention of Braveheart's members or creditors under section 519 of the Companies Act 2006.
This move is part of Braveheart's corporate governance process, which periodically evaluates the company’s auditor relationship to ensure compliance and alignment with the company's financial reporting objectives. The appointment of MAH is expected to provide a fresh perspective on the company's financial controls and processes.
Braveheart's management, including Chief Executive Officer Trevor Brown and Executive Director Vivian Hallam, have not released further comments regarding the change in auditors. The company's financial performance and strategic direction remain under the guidance of its current leadership team.
The announcement has been disseminated through RNS, a news service of the London Stock Exchange (LON:LSEG), and is based on a press release statement from Braveheart Investment Group. Shareholders and the broader market will be watching closely to see how this change affects the company's financial transparency and reporting in the upcoming fiscal year.
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