Forian Inc. (FORA): auditor change — Forian replaces Marcum with CBIZ as auditor; two material weaknesses outstanding at Dec 31, 2024

Forian Inc.

Marcum dismissed as independent auditor effective April 24, 2025; CBIZ engaged for FY 2025.
Marcum's acquisition by CBIZ was effective Nov 1, 2024; no disagreements on accounting principles or audit scope.
Two unremediated material weaknesses as of Dec 31, 2024: (1) controls over payables transactions, (2) revenue recognition for minimum payments under ASC 606.
The revenue-recognition weakness led to restatement of 2023 annual and Q1-Q3 2023 financials.
One prior material weakness (IT controls) was remediated as of Dec 31, 2024.

item 4.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

Forian Inc. engaged CBIZ CPAs P.C. as its auditor.

Action: engagement
Auditor: CBIZ CPAs P.C.

Exact text from the filing

engaged CBIZ as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025

View on SEC.gov

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

Forian Inc. dismissed Marcum LLP as its auditor.

Action: dismissal
Auditor: Marcum LLP

Exact text from the filing

the Company dismissed Marcum as the Company’s independent registered accounting firm

View on SEC.gov

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Forian Inc. filing history →

Source: SEC EDGAR

accession 0001140361-25-016054

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