other material
confidence high
sentiment negative
materiality 0.60
S&W Seed Co: auditor change — S&W Seed dismisses Crowe LLP, retains Grant Thornton as new auditor; going concern note in prior reports
S&W Seed Co
- Crowe LLP dismissed as independent auditor on Feb 28, 2024; no disagreements or reportable events during fiscal 2022 and 2023.
- Crowe's audit reports for FY2023 and FY2022 included an explanatory paragraph about substantial doubt on going concern.
- Grant Thornton LLP formally engaged as new independent auditor for FY2024 on March 4, 2024, approved by Audit Committee.
- Company had no prior consultations with Grant Thornton on accounting principles, disagreements, or reportable events.