Business
B. Riley Financial Hires BDO USA for 2025 Audit
LOS ANGELES, Sept. 9, 2025 /PRNewswire/ -- B. Riley Financial, Inc. (Nasdaq: RILY) (the "Company") today announced that the audit committee of its board of
About this update from Brc Group Holdings, Inc.
[{"type":"text","content":"LOS ANGELES, Sept. 9, 2025 /PRNewswire/ -- B. Riley Financial, Inc. (Nasdaq: RILY) (the \"Company\") today announced that the audit committee of its board of directors has appointed BDO USA, P.C. (\"BDO\") as the Company's independent registered public accounting firm for its 2025 audit, commencing upon completion of client acceptance procedures. The Company will continue to work with Marcum LLP (\"Marcum\") to complete the 2024 annual audit and expects to file the Form 10-K soon.\n\n\"We are pleased to engage BDO for our 2025 annual audit and interim financial reporting. By appointing BDO and staging the 2025 review process while simultaneously working with Marcum to compete the 2024 audit, we put the Company on what we believe to be the surest path to returning to timely financial reporting. I appreciate the dedication of the audit firms and our team. We have significant momentum in the business. It's a critical corporate priority to regain timely financial reporting,\" said Bryant Riley, B. Riley Financial Chairman and Co-Chief Executive Officer.\n\"The Company's financial reporting team, with the support of a national accounting and advisory firm, has made substantial progress on the first and second quarter 2025 Form 10-Qs while the 2024 annual audit process has been on-going. We will continue to collaborate with Marcum on the completion of the 2024 audit and Form 10-K filing. BDO has deep experience in the financial services sector and the operational scale to drive our timely financial reporting goals,\" said Scott Yessner, B. Riley Financial Chief Financial Officer.\nBDO, one of the world's top five accounting firms, provides assurance, tax, and advisory services globally with over 12,000 professionals across 75 U.S. offices.\nAbout B. Riley FinancialB. Riley Financial (BRF) is a diversified financial services company that through its operating entities or affiliates deliver tailored solutions to meet the strategic, operational, and capital needs of its clients and partners. BRF leverages cross-platform expertise to provide clients with full service, collaborative solutions at every stage of the business life cycle. Through its subsidiaries and affiliated entities, BRF provides end-to-end financial services across investment banking, institutional brokerage, private wealth and investment management, financial consulting,...