other material
confidence high
sentiment negative
materiality 0.60
AmBase auditor Marcum resigns; CBIZ CPAs engaged as new auditor
AmBase Corp
- Marcum LLP resigned as independent registered public accounting firm on April 22, 2025; no disagreements or reportable events.
- Prior audit reports for FY2024 and FY2023 included a going-concern explanatory paragraph.
- CBIZ CPAs P.C., which acquired Marcum's attest business, was engaged as new auditor for FY2025 effective same date.
- Neither the company nor anyone on its behalf consulted CBIZ on accounting matters prior to engagement.