other material
confidence high
sentiment negative
materiality 0.60
Future Health ESG Corp.: auditor change — Future Health ESG Corp. dismisses Marcum as auditor, cites material weakness; appoints MaloneBailey
Future Health ESG Corp.
- Marcum LLP dismissed as independent auditor effective Nov 15, 2022; MaloneBailey, LLP appointed same date.
- Marcum's audit report included a going-concern explanatory paragraph; no other qualifications.
- Material weakness existed since June 30, 2022: ineffective design of segregation of duties for complex financial instruments.
- No disagreements with Marcum on accounting principles or practices during the relevant period.
- MaloneBailey engagement begins with the quarter ending December 31, 2022.