Dalrada Financial Corp. Changes Independent Auditor
Ticker: DHTI · Form: 8-K · Filed: Apr 3, 2024 · CIK: 725394
Sentiment: neutral
Topics: auditor-change, financial-reporting
TL;DR
Dalrada Financial Corp. just switched auditors from Sadler & Company to Anton & Chia, effective March 18, 2024.
AI Summary
Dalrada Financial Corp. announced on March 18, 2024, a change in its certifying accountant. The company has dismissed its previous independent registered public accounting firm, Sadler & Company, CPAs, PC, and has appointed Anton & Chia, LLP as its new independent registered public accounting firm.
Why It Matters
A change in auditors can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, which could impact investor confidence.
Risk Assessment
Risk Level: medium — Changes in auditors can sometimes precede or coincide with financial scrutiny or restatements, warranting a closer look at the company's financial health.
Key Players & Entities
- Dalrada Financial Corp. (company) — Registrant
- Sadler & Company, CPAs, PC (company) — Former independent registered public accounting firm
- Anton & Chia, LLP (company) — New independent registered public accounting firm
- March 18, 2024 (date) — Date of change in accountant
FAQ
When was the change in certifying accountant effective?
The change in certifying accountant was effective as of March 18, 2024.
Who was Dalrada Financial Corp.'s previous independent auditor?
Dalrada Financial Corp.'s previous independent auditor was Sadler & Company, CPAs, PC.
Who is Dalrada Financial Corp.'s new independent auditor?
Dalrada Financial Corp.'s new independent auditor is Anton & Chia, LLP.
Did the company have any disagreements with its former auditor?
The filing states there were no disagreements or reportable events between the company and Sadler & Company, CPAs, PC.
What is Dalrada Financial Corp.'s state of incorporation?
Dalrada Financial Corp. is incorporated in Wyoming.
Filing Stats: 474 words · 2 min read · ~2 pages · Grade level 15.6 · Accepted 2024-04-03 17:27:36
Filing Documents
- dalrada_8k.htm (8-K) — 21KB
- 0001683168-24-002091.txt ( ) — 183KB
- dfco-20240318.xsd (EX-101.SCH) — 3KB
- dfco-20240318_lab.xml (EX-101.LAB) — 33KB
- dfco-20240318_pre.xml (EX-101.PRE) — 22KB
- dalrada_8k_htm.xml (XML) — 3KB
01 Changes in Registrants Certifying Accountant
Item 4.01 Changes in Registrants Certifying Accountant. (b) On March 18, 2024, the Company engaged Assurance Dimensions ("AD") as its independent registered public accounting firm. No consultations occurred between the Company and AD during the transitional period ended, the fiscal years ended June 30, 2023 and 2022 and through March 18, 2024, regarding either (i) the application of accounting principles to a specific completed or contemplated transaction, the type of audit opinion that might be rendered on the Company's consolidated financial statements, or other information provided that was an important factor considered by the Company in reaching a decision as to an accounting, auditing, or financial reporting issue, or (ii) any matter that was the subject of disagreement requiring disclosure under Item 304(a)(1)(iv) of Regulation S-K or reportable event requiring disclosure under Item 304(a)(1)(v) of Regulation S-K. S ignature 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 thereunto duly authorized. Date: April 3, 2024 DALRADA FINANCIAL CORPORATION By: /s/ Brian Bonar Brian Bonar Officer, Director 2