other material
confidence high
sentiment negative
materiality 0.70
Sound Cave Technology Inc.: auditor change — Sound Cave Technology auditor T R Chadha resigns; no replacement yet; prior report had going concern doubt
Sound Cave Technology Inc.
- T R Chadha & Co LLP resigned as independent auditor effective May 25, 2023.
- As of May 29, 2023, the company has not yet engaged a new independent registered public accounting firm.
- No disagreements with the former auditor on accounting principles or auditing procedures during the engagement period.
- The former auditor's report for fiscal 2021 included an explanatory paragraph noting substantial doubt about the company's ability to continue as a going concern.
- The company provided the former auditor with a copy of the disclosure; a consent letter was issued and attached as Exhibit 16.1.