secwatch.observer — SEC 8-K summary
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Issuer:     Golden Royal Development Inc. (—)
CIK:        0001761534
Form:       8-K
Filed at:   2022-12-22T23:59:59+00:00
Accession:  0001493152-22-036261
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Golden Royal Development's auditor resigns; going concern modification cited
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- Liggett & Webb P.A. resigned on Dec 13, 2022; audit reports for FY2021 and FY2020 included a going concern modification.
- Former auditor advised that internal controls were deficient for reliable financial statements.
- No disagreements on accounting principles or practices during the two most recent fiscal years.
- Mac Accounting Group LLP appointed as new independent auditor on Dec 19, 2022.
- No prior consultations with Mac Accounting Group regarding accounting or audit matters.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1761534/000149315222036261/0001493152-22-036261-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1761534/000149315222036261/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-036261

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