other material
confidence high
sentiment neutral
materiality 0.55
ESPORTS ENTERTAINMENT GROUP, INC. (GMBL): auditor change — Esports Entertainment Group changes auditor to Marcum LLP after Friedman LLP combination
ESPORTS ENTERTAINMENT GROUP, INC.
- Audit Committee dismissed Friedman LLP and engaged Marcum LLP as independent auditor effective Oct 25, 2022.
- Friedman LLP combined with Marcum LLP effective Sep 1, 2022; no prior disagreements on accounting principles.
- Friedman's reports for FY2022 and FY2021 included a going concern explanatory paragraph but no adverse opinion.
- Unremediated material weaknesses in internal controls: lack of formal evaluation, period-end reporting, and IT controls.