November 23, 2016 / 11:12 PM / 2 years ago

BRIEF-Alarmforce provides update on the status of ongoing review

Nov 23 (Reuters) - Alarmforce Industries Inc

* Alarmforce provides update on the status of ongoing review

* Alarmforce Industries says reports that it has substantially completed its review of customer contracts and accounts

* Alarmforce Alarmforce Industries says further analysis required before it can be determined whether restatement of historical financial statements will be required

* Alarmforce Industries says anticipates decision regarding whether a restatement will be required will be made by end of second week of December 2016

* Alarmforce Industries says evaluating impact, if any, of assessment, other possible employee tax liabilities in connection with classification of independent contractors

* Alarmforce Industries says continues to engage with Ontario ministry of finance on proposed employer health tax assessment of incremental taxes, penalties Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below