other_material
confidence high
sentiment neutral
materiality 0.30
Auditor Moss Adams merges into Baker Tilly; Baker Tilly appointed as successor independent auditor
AMERICAN SHARED HOSPITAL SERVICES
- Moss Adams merged into Baker Tilly effective June 3, 2025; Audit Committee appointed Baker Tilly as new auditor.
- Prior audit reports for FY2024 and FY2023 were unqualified with no adverse opinions or modifications.
- No disagreements with Moss Adams on accounting principles, financial disclosure, or audit scope.
- Company disclosed continued material weakness in internal control over financial reporting, not yet remediated.
- No consultations with Baker Tilly regarding accounting principles or audit matters prior to appointment.
item 4.01item 9.01