other material
confidence high
sentiment neutral
materiality 0.50
TechPrecision changes auditor to CBIZ CPAs after Marcum resignation
TECHPRECISION CORP
- Marcum LLP resigned as auditor on Nov 20, 2024; CBIZ CPAs P.C. engaged as new independent registered public accounting firm.
- Marcum's reports for FY2024 and FY2023 had no adverse opinion; FY2024 report included going concern explanatory paragraph.
- No disagreements with Marcum on accounting principles or audit scope during FY2024, FY2023, and subsequent interim period.
- Three material weaknesses in internal control over financial reporting were reported in FY2024 10-K, related to Stadco acquisition.