other material
confidence high
sentiment neutral
materiality 0.40
VirTra dismisses MaloneBailey as auditor, appoints Eide Bailly
VirTra, Inc
- Audit committee terminated MaloneBailey, LLP effective Nov 22, 2021.
- Eide Bailly LLP appointed as new independent registered public accounting firm same day.
- No disagreements with MaloneBailey on accounting principles or audit scope in prior periods.
- Company disclosed material weaknesses in internal controls: lack of management review and inadequate system/manual controls.
- MaloneBailey furnished a letter to the SEC, attached as Exhibit 16.1.