other
confidence high
sentiment negative
materiality 0.70
RENOVARE ENVIRONMENTAL, INC.: auditor change — Renovare auditor Marcum resigns; Prager Metis appointed as new auditor
RENOVARE ENVIRONMENTAL, INC.
- Marcum LLP resigned as independent auditor on Jan 27, 2023; no disagreements reported.
- Marcum's reports for FY 2020 and 2021 were unqualified except for going concern emphasis.
- A material weakness in internal control over financial reporting was identified and disclosed.
- Prager Metis CPAs, LLC engaged as new independent auditor effective Jan 31, 2023.
- No prior consultations with Prager regarding accounting principles or audit opinions.