other
confidence high
sentiment negative
materiality 0.40
Hoops Scouting USA changes auditor; prior audits flagged going concern
HOOPS SCOUTING USA
- Former auditor Saturna Group resigned on Sept 14, 2022 due to partner rotation rules; no disagreements with company.
- Audited financials for FY 2020 and 2021 each included a going-concern explanatory paragraph.
- New auditor Sadler, Gibb & Associates, LLC engaged same day to audit FY 2022.
- No prior consultations with new auditor on accounting or audit matters.