Financial Times: Two audit firms related to FTX may face scrutiny

ChainCatcher news, according to the Financial Times of the UK, two audit firms related to FTX, Armanino and Prager Metis, may face scrutiny, as both firms have audited FTX's books.

SBF announced on social media last year that its financial statements had passed the audit, but the relevant accounts were not made public, and the names of the audit firms were only disclosed before its bankruptcy. Currently, both accounting firms have not commented on the scope of their work at FTX or the last time they issued an audit opinion.

The Financial Times disclosed that the U.S. audit industry regulator, the Public Company Accounting Oversight Board (PCAOB), released a report in August this year stating that an inspection of Prager Metis's audit reports found deficiencies in its audits of four public companies. (source link)