other material
confidence high
sentiment neutral
materiality 0.60
SPARTA COMMERCIAL SERVICES, INC. (SRCO): auditor change — Sparta Commercial Services dismisses auditor Boyle CPA, engages Victor Mokuolu CPA
SPARTA COMMERCIAL SERVICES, INC.
- Dismissal of Boyle CPA, LLC effective Dec 5, 2022, ratified by board on Dec 29, 2022.
- Prior auditor's reports for FY2022 and FY2021 included substantial doubt about going concern.
- No disagreements with Boyle on accounting principles or audit scope during fiscal years or through dismissal.
- New auditor Victor Mokuolu, CPA PLLC engaged same day to audit Q3 FY2023 (Oct 31, 2022).
- The Oct 31, 2022 Form 10-Q was not reviewed by Boyle CPA.