other material
confidence high
sentiment negative
materiality 0.50
Aura Systems dismisses BF Borgers as auditor, appoints Weinberg & Company
AURA SYSTEMS INC
- Dismissed BF Borgers CPA PC as independent auditor on April 12, 2022; appointment of Weinberg & Company effective same date.
- Borgers' reports for FY2021 and FY2020 included an explanatory paragraph about substantial doubt as a going concern.
- No disagreements with Borgers on accounting principles or audit scope; material weaknesses in internal controls were previously reported.
- Borgers had not completed the audit for FY2022 as of dismissal date.