other material
confidence high
sentiment negative
materiality 0.70
General Enterprise Ventures dismisses auditor MGA, engages BF Borgers; cites disagreement over compensation expense
CitroTech Inc.
- Board approved engagement of BF Borgers CPA PC as independent auditor for FY2021, effective March 30, 2022.
- Prior auditor Michael Gillespie & Associates dismissed; no disagreements or reportable events in FY2020 or interim 2021.
- Disagreement with MGA in FY2021 over treatment of certain compensation expense items.
- New auditor BF Borgers was not consulted on accounting matters prior to engagement.