other_material
confidence high
sentiment neutral
materiality 0.50
KHEOBA Corp. dismisses Fruci & Associates, appoints Assentsure PAC as auditor; cites material weakness
KHEOBA CORP.
- Board dismissed Fruci & Associates II, PLLC on Sept 5, 2025; appointed Assentsure PAC for FY ending Oct 31, 2025.
- Fruci's audit reports for FY2024 and FY2023 were unqualified, with no adverse opinions or disclaimers.
- No disagreements on accounting principles; a material weakness in internal controls over nonrecurring transactions was previously disclosed.
- Management is working with consultants to remediate the material weakness in internal controls.
- Fruci provided a letter to the SEC agreeing with disclosures; filed as Exhibit 16.1.
item 4.01item 9.01