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International Battery Metals Switches Auditor and GAAP Standard
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International Battery Metals Switches Auditor and GAAP Standard

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International Battery Metals (TSE:IBAT) has released an update.

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International Battery Metals Ltd. has appointed Marcum LLP as its new independent registered public accounting firm, replacing Crowe MacKay LLP, and will now prepare its financial statements following US GAAP instead of IFRS. The transition to US GAAP accompanies the company’s plans to register its common equity under the United States Securities Exchange Act and signifies a strategic move for the advanced lithium extraction technology company.

For further insights into TSE:IBAT stock, check out TipRanks’ Stock Analysis page.

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