other material
confidence high
sentiment neutral
materiality 0.70
CareView Communications dismisses BDO USA, engages RRBB as new auditor
CareView Communications Inc
- BDO USA dismissed as auditor; its 2021/2020 reports contained a going concern paragraph.
- No disagreements with BDO on accounting principles, audit scope, or financial disclosures.
- Material weaknesses in internal controls reported for 2020-2022; lack of technical expertise, segregation of duties, IT controls.
- Audit committee designated Rosenberg Rich Baker Berman (RRBB) as new independent auditor effective August 24, 2022.
- No prior consultations with RRBB on accounting matters or disagreements.