other material
confidence high
sentiment neutral
materiality 0.50
Nicholas Financial dismisses RSM, appoints FORVIS as new independent auditor
OLD MARKET CAPITAL Corp
- Audit Committee approved engagement of FORVIS as new independent auditor effective August 15, 2022.
- RSM US LLP dismissed; their audit reports for FY 2022 and 2021 were unqualified with no adverse opinions.
- No disagreements with RSM on accounting principles or audit scope during the past two fiscal years.
- Prior material weaknesses in internal control over financial reporting were remediated as of March 31, 2021.
- No consultation with FORVIS before engagement on any accounting or audit matters.