Creative Realities Appoints New Auditor
Ticker: CREX · Form: 8-K · Filed: Mar 28, 2024 · CIK: 1356093
Sentiment: neutral
Topics: auditor-change, accounting
Related Tickers: CREX
TL;DR
CREX switches auditors to BDO USA, LLP, effective March 27, 2024.
AI Summary
Creative Realities, Inc. announced on March 25, 2024, that it has appointed BDO USA, LLP as its new independent registered public accounting firm, effective March 27, 2024. This change follows the resignation of its former auditor, CliftonLarsonAllen LLP. The company stated there were no disagreements with CliftonLarsonAllen LLP.
Why It Matters
Changing auditors can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, which investors will monitor.
Risk Assessment
Risk Level: low — The filing is a routine change of auditor without any stated disagreements, which typically carries low risk.
Key Players & Entities
- Creative Realities, Inc. (company) — Registrant
- BDO USA, LLP (company) — New independent registered public accounting firm
- CliftonLarsonAllen LLP (company) — Former independent registered public accounting firm
- March 25, 2024 (date) — Date of report
- March 27, 2024 (date) — Effective date of new auditor appointment
FAQ
Who is the new independent registered public accounting firm for Creative Realities, Inc.?
BDO USA, LLP has been appointed as the new independent registered public accounting firm for Creative Realities, Inc.
When did the appointment of the new auditor become effective?
The appointment of BDO USA, LLP became effective on March 27, 2024.
Who was the previous independent registered public accounting firm for Creative Realities, Inc.?
The previous independent registered public accounting firm for Creative Realities, Inc. was CliftonLarsonAllen LLP.
Were there any disagreements between Creative Realities, Inc. and its former auditor?
No, the filing states that there were no disagreements between Creative Realities, Inc. and CliftonLarsonAllen LLP.
What is the effective date of the change in auditor?
The change in auditor is effective as of March 27, 2024.
Filing Stats: 953 words · 4 min read · ~3 pages · Grade level 13.9 · Accepted 2024-03-27 17:40:02
Key Financial Figures
- $0.001 — h registered Common Stock , par value $0.001 per share CREX The Nasdaq Stock Mark
Filing Documents
- crex20240321_8k.htm (8-K) — 29KB
- ex_646374.htm (EX-16.1) — 5KB
- 0001437749-24-009641.txt ( ) — 169KB
- crex-20240325.xsd (EX-101.SCH) — 3KB
- crex-20240325_def.xml (EX-101.DEF) — 12KB
- crex-20240325_lab.xml (EX-101.LAB) — 15KB
- crex-20240325_pre.xml (EX-101.PRE) — 12KB
- crex20240321_8k_htm.xml (XML) — 3KB
01 Changes in Registrant ' s Certifying Accountant
Item 4.01 Changes in Registrant ' s Certifying Accountant. Dismissal of Independent Registered Public Accounting Firm. On March 25, 2024, Creative Realities, Inc. (the "Company") dismissed Deloitte & Touche LLP ("Deloitte") as the Company's independent registered public accounting firm in connection with auditing the Company's financial statements commencing fiscal year 2024. The dismissal of Deloitte was approved by the Company's Audit Committee. The reports of Deloitte on the Company's audited consolidated financial statements for the two most recent fiscal years ended December 31, 2023 and December 31, 2022 did not contain an adverse opinion or a disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting principles, except that Deloitte's Report of Independent Registered Public Accounting Firm issued March 21, 2024 contained an explanatory paragraph regarding substantial doubt about the Company's ability to continue as a going concern. During the Company's two most recent fiscal years ended December 31, 2023 and December 31, 2022, and during the subsequent interim period preceding Deloitte's resignation, there were no: (i) disagreements with Deloitte on any matter of accounting principles or practices, financial statement disclosures, or auditing scope or procedures, which disagreements, if not resolved to the satisfaction of Deloitte would have caused Deloitte to make reference to the subject matter of the disagreements in connection with its reports, or (ii) reportable events of the type listed in paragraphs (A) through (D) of Item 304(a)(1)(v) of Regulation S-K. The Company provided Deloitte with a copy of this Current Report on Form 8-K prior to its filing with the Securities and Exchange Commission ("SEC") and requested that Deloitte furnish the Company with a letter addressed to the SEC stating whether or not Deloitte agrees with the above statements. A copy of the letter from Deloitte dated March 27, 2024
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 16.1 Letter of Deloitte & Touche LLP to the Securities and Exchange Commission, dated March 27, 2024, regarding statements included in this Current Report on Form 8-K. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 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. CREATIVE REALITIES , INC. Date: March 27, 2024 By: /s/ Will Logan Will Logan Chief Financial Officer EXHIBIT INDEX Exhibit No. Description 16.1 Letter of Deloitte & Touche LLP to the Securities and Exchange Commission, dated March 27, 2024, regarding statements included in this Current Report on Form 8-K.