FAVO Capital, Inc. Appoints Turner, Stone & Company, LLP as Auditors
FAVO Capital, a leading provider of financial solutions, announced the appointment of Turner, Stone & Company as its independent auditing firm. This strategic decision highlights FAVO Capital's commitment to financial integrity and PCAOB compliance. CEO Vincent Napolitano emphasized Turner Stone's experience and client-centric approach as key factors in this partnership. Established in 1984, Turner Stone is renowned for its audit, tax, and advisory services. The move aims to enhance FAVO Capital's financial reporting processes, supporting its long-term vision and market expansion.
- Appointment of Turner, Stone & Company enhances financial integrity.
- Reputation and experience of Turner Stone align with FAVO's goals.
- Focus on maintaining PCAOB compliance.
- Strategic move to support long-term vision and market expansion.
- Client-centric approach is emphasized.
- Potential increased costs associated with high-quality auditing services.
- No immediate financial gains or revenue increases are stated.
- Dependencies on the performance and reliability of the auditing firm.
FORT LAUDERDALE, FL / ACCESSWIRE / June 11, 2024 / FAVO Capital, Inc, a leading provider of innovative financial solutions, is pleased to announce that it has retained the services of Turner, Stone & Company, LLP ("Turner Stone") as its independent auditing firm. Turner Stone is recognized for its expertise in providing comprehensive audit, tax, and advisory services.
The decision to engage Turner Stone underscores FAVO Capital's commitment to maintaining the highest standards of financial integrity and transparency. FAVO Capital aims to enhance its financial reporting processes and ensure continued PCAOB compliance within the industry.
"Retaining Turner, Stone & Company, LLP as our auditors is a significant step forward for FAVO Capital," said Vincent Napolitano, CEO of FAVO. "Their extensive experience and reputation for excellence align perfectly with our dedication to financial accuracy and accountability.
Turner Stone brings decades of experience and a robust team of professionals dedicated to delivering top-tier audit and assurance services. Their client-centric approach and commitment to quality make them an ideal partner for FAVO Capital as the company continues to expand its market presence and service offerings.
FAVO Capital remains focused on delivering exceptional value to its clients through tailored financial solutions. The appointment of Turner Stone as auditors is a strategic move to ensure the company's financial practices are aligned with its long-term vision and goals.
More About FAVO Capital, Inc.
FAVO Capital, Inc. (OTC Pink:FAVO) is a leading provider of alternative finance solutions for small to medium sized businesses nationwide. With Headquarters in Fort Lauderdale, FAVO Capital employs over 120 people in five offices globally. "FAVO" is "Honeycomb" in Latin - The Honeycomb (Hexagon) is the most efficient shape in the universe. FAVO intends to be Efficient, Flexible & Durable.
About Turner, Stone & Company, LLP.
The firm was founded on January 5, 1984, when Edward L. Turner formed the accounting practice of Edward L. Turner, CPA.On August 1, 1995, the firm's name was changed toTurner, Stone & Company, L.L.P. when Edward Turner and John Stone joined together to form the partnership to practice public accounting.Turner, Stone & Company, L.L.P. is a registered firm with the Public Company Accounting Oversight Board (PCAOB), a member firm of the American Institute of Certified Public Accountants and its Employee Benefit Plans and Government Audit Quality Centers, and a member firm of the Texas Society of Certified Public Accountants. The firm is also a member of INAA, an international associations of independent accounting firms.
Contact:
Email: info@favocapital.com
Tel: 833.328.6477
Website: www.favocapital.com
Safe Harbor/Forward-Looking Statements
This press release contains certain forward-looking statements including, but not limited to, statements, estimates, and projections of future trends and of the anticipated future performance constitute "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, as amended, including, without limitation, statements regarding the Series' expectations, beliefs, or future strategies that are signified by the words "expects," "anticipates," "intends," "believes," or similar language. These forward-looking statements concern the Company's operations, economic performance and financial condition and are based largely on the Company's beliefs and expectations. These statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Actual results may differ materially from expected results. Given these uncertainties, the reader is advised not to place any undue reliance on such forward-looking statements. These forward-looking statements speak only as of the date of this press release FAVO Capital, Inc and its Management Team expressly disclaims any obligation to update any such forward-looking statements in this document to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements, unless specifically required by law or regulation.
SOURCE: FAVO Capital, Inc.
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