Company: CLSKW
Filing Date: 2025-11-25
Form Type: 10-K
Source: 0001193125-25-297510
Chunk: 123

Company: CLEANSPARK, INC.
Filing Date: 2025-11-25
Form: 10-K
Item: Item 6
Chunk 123
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 in the preparation of condensed consolidated financial statements;•Implemented controls related to the miner receiving process to ensure adequate documentation is maintained to support the accounting for miners in transit and period-end balances; and •Conducted training related to documentation, policies and procedures for shipping, receiving and counting of property, plant and equipment. 

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Material Weakness #3•Enhanced and formalized the access provisioning process for role assignments to require that access requests are adequately documented and approved by authorized personnel prior to granting access. Enhanced the review procedures of third-party service provider audit logs to detect any unauthorized changes; •Restricted administrator access to individuals who do not have responsibility to process, approve or submit payroll.  Enhanced and formalized the access provisioning process for role assignments to require that access requests are adequately documented and approved by authorized personnel prior to granting access;•Redesigned and implemented controls to address segregation of duties issues when processing, approving and submitting payroll.  Implemented monthly user access review procedures to ensure the proper roles and permissions were granted to ensure those with ability to create or modify user assignments are not able to approve and process payroll; •Implemented a control to ensure that any changes made to the final payroll once approved for processing were appropriate and supported with proper documentation; •Implemented procedures for timely review of the third-party payroll provider SOC report;   Material Weakness #4•Designed and implemented a control to require two approval signatures for cashier check requests, including notifying the bank to require two authorized signatories prior to processing; •Enhanced the design of controls related to the issuance of cashier checks to ensure that each cashier check includes proper supporting documentation and is in compliance with the Company's internal authorization policy;Based on the remediation efforts and results of management’s testing, we have concluded that the material weaknesses identified as of September 30, 2024, were fully remediated as of September 30, 2025.ATTESTATION REPORT OF THE REGISTERED PUBLIC ACCOUNTING FIRMBDO USA, P.C., our independent registered public accounting firm, which also audited our consolidated financial statements included in this Report, issued an unqualified opinion on the effectiveness of our internal control over financial reporting as of September 30, 2025, which appears in Item 8. Financial Statements and Supplementary Data of this Annual Report on Form 10-K.CHANGES IN INTERNAL CONTROL OVER FINANCIAL REPORTING In the fourth quarter of our fiscal year ended September 30, 2025, the Company implemented controls relating to our digital asset management activities in order to address