Smith-Midland auditor FORVIS resigns; material weakness disclosed

SMITH MIDLAND CORP

FORVIS, LLP ceased as independent auditor for Smith-Midland effective May 24, 2023.
No disagreements with FORVIS on accounting principles or audit scope during 2022 or interim 2023.
Company had previously disclosed a material weakness in internal controls over allowance for doubtful accounts in Q4 2022.
FORVIS issued an unqualified opinion on 2022 financial statements despite the weakness.
Company has initiated a process to engage a new independent registered public accounting firm.

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