other material
confidence high
sentiment neutral
materiality 0.60
Banzai replaces auditor Marcum with Bush & Associates; prior reports had going concern doubt
Banzai International, Inc.
- Dismissed Marcum LLP as independent auditor effective April 22, 2025; engaged Bush & Associates CPA LLC for FY2025.
- Marcum's reports for FY2023 and FY2024 included a going concern explanatory paragraph but were unqualified.
- No disagreements with Marcum on accounting principles or audit scope during past two fiscal years.
- Company disclosed material weaknesses in IT General Controls, COSO framework, and financial close process.
- No prior consultations with Bush & Associates on accounting matters before engagement.