Apple iSports Group Changes Auditors
Ticker: AAPI · Form: 8-K · Filed: Dec 4, 2024 · CIK: 1134982
Sentiment: neutral
Topics: auditor-change, financial-reporting
TL;DR
Apple iSports Group dumped Weinberg & Company as their auditor on Nov 26. Looking for a new one.
AI Summary
Apple iSports Group, Inc. announced on November 26, 2024, a change in its certifying accountant. The company has dismissed its previous independent registered public accounting firm, Weinberg & Company, P.A., effective November 26, 2024. This change is related to the company's decision to seek a new auditor for the upcoming fiscal year.
Why It Matters
A change in auditors can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, which investors should monitor.
Risk Assessment
Risk Level: medium — Changes in auditors can sometimes precede or coincide with financial irregularities or a shift in company strategy.
Key Players & Entities
- Apple iSports Group, Inc. (company) — Registrant
- Weinberg & Company, P.A. (company) — Dismissed Certifying Accountant
- November 26, 2024 (date) — Effective date of auditor dismissal
FAQ
When was the decision made to change the certifying accountant?
The decision to dismiss Weinberg & Company, P.A. was made effective November 26, 2024.
What is the name of the former certifying accountant?
The former certifying accountant was Weinberg & Company, P.A.
Did the former accountant's report contain any adverse opinions or disclaimers?
The filing states that the reports of Weinberg & Company, P.A. on the financial statements of the company for the past two fiscal years did not contain an adverse opinion or a disclaimer of opinion, and were not qualified or modified as to uncertainty, audit basis, or scope of audit.
Has the company had any disagreements with its former accountant?
The filing states there were no disagreements or reportable events between the company and Weinberg & Company, P.A.
What is the company's stated reason for seeking a new auditor?
The company is seeking a new independent registered public accounting firm for the upcoming fiscal year.
Filing Stats: 635 words · 3 min read · ~2 pages · Grade level 12.1 · Accepted 2024-12-03 18:59:32
Filing Documents
- aapi_8k.htm (8-K) — 23KB
- aapi_ex161.htm (EX-16.1) — 3KB
- aapi_ex161img3.jpg (GRAPHIC) — 10KB
- aapi_ex161img5.jpg (GRAPHIC) — 12KB
- 0001477932-24-007813.txt ( ) — 172KB
- aapi-20241126.xsd (EX-101.SCH) — 6KB
- aapi-20241126_lab.xml (EX-101.LAB) — 13KB
- aapi-20241126_cal.xml (EX-101.CAL) — 1KB
- aapi-20241126_pre.xml (EX-101.PRE) — 8KB
- aapi-20241126_def.xml (EX-101.DEF) — 2KB
- aapi_8k_htm.xml (XML) — 4KB
01. Changes in Registrant's Certifying Accountant
Item 4.01. Changes in Registrant's Certifying Accountant. Resignation of Independent Registered Public Accounting Firm On November 26, 2024, the Company received a resignation letter from Stephano Slack LLC ("Former Auditor") with an effective date of November 21, 2024 whereby the Former Auditor resigned from its role as independent registered public accounting firm for Apple iSports Group, Inc. (the "Company"). The Former Auditor was appointed by the Company on October 1, 2024. The Former Auditor did not provide reports on the Company's consolidated financial statements as of and for the fiscal years ended December 31, 2023 and December 31, 2022. During the period from October 1, 2024 through November 26, 2024, (i) there were no disagreements within the meaning of Item 304(a)(1)(iv) of Regulation S-K, between the Company and Former Auditor on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, any of which that, if not resolved to Former Auditor's satisfaction, would have caused Former Auditor to make reference to the subject matter of any such disagreement in connection with its reports for such years and interim period, and (ii) there were no reportable events within the meaning of Item 304(a)(1)(v) of Regulation S-K. The Company provided the Former Auditor with a copy of the above disclosures and requested the Former Auditor furnish a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made herein. A copy of their letter dated December 3, 2024 is filed as Exhibit 16.1 to this Current Report on Form 8-K.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits – The following exhibits are filed as part of this report: Exhibit No. Description of Exhibit 16.1 Letter from Stephano Slack LLC addressed to the Securities and Exchange Commission dated December 3, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Apple iSports Group, Inc. (Registrant) Date: December 3, 2024 By: /s/ Joe Martinez Joe Martinez Chief Executive Officer 3