AlphaCredit To Restate Financial Statements News provided by Share this article Share this article MEXICO CITY, April 20, 2021 /PRNewswire/ -- Alpha Holding, S.A. de C.V. ("AlphaCredit" or the "Company"), a leading technology-enabled, financial services company, today announced that the Company will restate its financial statements for the years ended December 31, 2019 and 2018 (the "Prior Period Financial Statements") to correct an error in the Company's accounting for its derivative positions. The Company has determined that a restatement was necessary based on an internal review by the Company and following discussions with KPMG (KPMG Cárdenas Dosal, S.C., "KPMG"), the Company's current auditing firm, and Deloitte (Galaz, Yamazaki, Ruiz Urquiza, S.C.), its auditor for the years ended December 31, 2019, December 31, 2018, and prior years. The Company's previously released Prior Period Financial Statements, quarterly financial statements for 2020 and any earnings releases or other communications related to those periods should no longer be relied upon.