other material
confidence high
sentiment neutral
materiality 0.50
Consolidated Water Co. Ltd. (CWCO): auditor change — Consolidated Water replaces auditor Marcum with CBIZ CPAs after Marcum's resignation
Consolidated Water Co. Ltd.
- Marcum LLP resigned as independent auditor effective April 7, 2025; CBIZ CPAs P.C. engaged for FY 2025.
- No adverse opinions or disagreements on financial statements in past two fiscal years.
- Marcum's 2024 internal control report cited material weakness in IT general controls; remediated by Nov 1, 2024 but not fully effective at year-end.
- No prior consultations with CBIZ CPAs on accounting or audit matters before engagement.