CI&T Inc (CINT) Announces Restatement of Prior Financial Statements
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Restatement of Previously Issued Financial Statements
March 7, 2024 6:59 AM ESTNEW YORK--(BUSINESS WIRE)-- In connection with the preparation of its financial statements for the year ended December 31, 2023, CI&T Inc. (the Company), in consultation with its independent registered public accounting firm, KPMG Auditores Independentes Ltda. (KPMG), identified certain non-cash accounting errors related to deferred income accounting for tax-deductible goodwill, as required under IFRS International Financial Reporting Standard (IFRS). As a result, the audit committee of the board of directors of the Company, after discussions with management and consultation with KPMG, on March 4, 2024, concluded that (i) the Companys audited consolidated financial statements as of and for the year ended December 31,... More
