other material
confidence high
sentiment negative
materiality 0.60
CareView Communications dismisses BDO, appoints RRBB as new auditor effective Aug 24, 2022
CareView Communications Inc
- Dismissed BDO USA LLP and appointed Rosenberg Rich Baker Berman as principal independent auditor, effective Aug 24, 2022.
- BDO's audit reports for FY2020 and FY2021 included a going-concern explanatory paragraph.
- No disagreements with BDO; material weaknesses in internal controls previously disclosed in Form 10-K and 10-Qs.
- Material weaknesses include lack of technical expertise in GAAP and segregation of duties issues.