secwatch.observer — SEC 8-K summary
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Issuer:     Forian Inc. (FORA)
CIK:        0001829280
Form:       8-K
Filed at:   2025-07-01T23:59:59+00:00
Accession:  0001140361-25-024403
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Forian Inc. dismisses CBIZ CPAs, appoints BDO USA as new auditor
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- On June 26, 2025, the Audit Committee dismissed CBIZ CPAs P.C. as independent registered public accounting firm.
- Audit Committee approved engagement of BDO USA, P.C. for fiscal year ending Dec 31, 2025 and interim periods.
- No disagreements with CBIZ during engagement from Apr 24 to Jun 26, 2025; but reportable events included material weaknesses.
- Material weaknesses related to IT controls, payables validation, and revenue recognition (ASC 606) were identified, some remediated.
- CBIZ did not issue any audit report during its engagement; letter from CBIZ filed as Exhibit 16.1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829280/000114036125024403/0001140361-25-024403-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829280/000114036125024403/ef20051399_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-024403

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