other
confidence high
sentiment neutral
materiality 0.20
Integrated BioPharma replaces auditor Marcum with CBIZ CPAs after Marcum's attest business acquisition
INTEGRATED BIOPHARMA INC
- Marcum LLP resigned as auditor effective April 24, 2025; CBIZ CPAs P.C. engaged for fiscal year ending June 30, 2025.
- Marcum's reports for FY 2024 and 2023 were unqualified, with no adverse opinions or modifications.
- No disagreements or reportable events between the Company and Marcum during the past two fiscal years and interim period.
- No prior consultations with CBIZ CPAs regarding accounting principles, audit opinions, or reportable events.
- Change approved by Audit Committee; Marcum provided a letter to the SEC agreeing with the disclosures.