other material
confidence high
sentiment negative
materiality 0.65
South East Asia Development, Corp.: auditor change — South East Asia Development replaces auditor after PCAOB revokes Gries' registration
South East Asia Development, Corp.
- PCAOB revoked Gries & Associates' registration effective March 5, 2024; company engaged GreenGrowth CPAs as new auditor on Feb 6, 2024.
- Prior auditor's reports for FY2022 and FY2021 included going concern doubt; no disagreements or reportable events except material internal control weaknesses.
- Company had no disagreements with Gries on accounting principles; board/audit committee approved the change.
- SEC informed company of revocation on April 1, 2024; this filing made April 5, 2024.