regulatory
confidence high
sentiment neutral
materiality 0.60
BioCrude Technologies USA, Inc.: auditor change — BioCrude Technologies USA terminates auditor BF Borgers and engages MAC Accounting Group
BioCrude Technologies USA, Inc.
- On January 27, 2023, BioCrude Technologies terminated BF Borgers, CPA PC as its independent auditor.
- The previous auditor's reports contained an explanatory paragraph about substantial doubt about going concern.
- On January 30, 2023, the company engaged MAC Accounting Group, LLP as its new auditor.
- No disagreements with former auditor on accounting principles or audit scope were reported.
- The company filed a letter from BF Borgers as Exhibit 16.1.