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Liberty txLiberty Tax Service has named Cherry Bekaert as its latest auditor. The accounting firm has to tackle Liberty’s financial statements for the year ended April 30 along with reviewing and filing Forms 10-Q for the quarters ended October 31 and January 31.

 

Liberty has requested a hearing before the Nasdaq Hearings Panel for continued listing of its securities. The company has received a delisting notice because of its failure to file the quarterly reports.

The chain of events began when KPMG resigned the account in December citing its concern over “tone at the top”. That firm was replaced on April 18 by Carr, Riggs & Ingram,  which resigned the position on June 5 without completing work on financial statements.

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