Food Culture Inc. Establishes Audit Committee and Advances Selection of a PCAOB-Registered Accounting Firm
Food Culture Inc.'s board established an audit committee on September 7, 2026, comprising independent director Alena Ivanova as chair alongside Efraim Babayov and President and CFO Ruben Yakubov. The committee will oversee financial reporting, disclosure and the selection of an independent accounting firm; the company has received proposals from three PCAOB-registered firms but has engaged none, signed no engagement letter, and commenced no audit. The company is not subject to Exchange Act Section 13(a) or 15(d) reporting, its financial statements are unaudited under the OTC Markets Alternative Reporting Standard, and the committee was formed voluntarily as a matter of governance practice.
Key figures
- Firms engaged
- 0
- Audit committee members
- 3
- Audit committee established
- 2026-09-07
- Pcaob firm proposals received
- 3
AI analysis
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